Exception Grades

Run Date - 10/14/2025 3:45:46 PM

SitusAMC   Customer   Seller     Investor   Unique   Loan       Exception  Exception  Exception  Exception      Exception      15E Category   Exception                                                                                                                   Exception Detail                                                                                                         Exception Information                                                                                                                                                Compensating Factors                                                                                                      Compensating Factor Information                                                                                                                       Applying Party      Follow-                                                                                                                          Cleared    Cured Date Waived     Exception  DBRS       DBRS Final Fitch      Fitch      Kroll      Kroll      Moody's    Moody's    S&P        S&P Final  Note  Property  Occupancy  Purpose    Exception          Overall  Overall Credit   Credit Compliance Compliance Property Property Originator  TPR QM  Is
Loan ID    Loan ID    Loan ID    Loan       Loan ID  Exception  ID         Date       Type       Category       Subcategory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 up Comments                                                                                                                      Date                  Date       Level      Initial    Exception  Initial    Final      Initial    Final      Initial    Final      Initial    Exception  Date  State                           Remediation        Initial  Final   Initial  Final  Initial    Final Loan Initial  Final    QM ATR      ATR     Curable
                                 Number              ID                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Grade      Exception  Rating     Exception  Exception  Exception  Exception  Exception  Exception  Exception  Rating                                                              Loan     Loan    Loan     Loan   Loan Grade Grade      Loan     Loan     Status      Status
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Rating                Rating     Rating     Rating     Rating     Rating     Rating     Rating                                                                         Grade    Grade   Grade    Grade                        Grade    Grade

[redacted] [redacted] [redacted] [redacted] 23796174 6296235                          Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.             Disaster Name: ___                                                                                                                                                                                                                                                                            No indication of property damage                                                                                                                                                                                                                                                                    Reviewer Comment (2018-06-12): XXXXX                                                                                                                   06/12/2018 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Purchase                      D        B       D        B      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2018-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 23796174 6296267                          Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2018-06-07): XXXXX                                                                                             06/07/2018                       1          D          A          D          A          D          A          D          A          D          A                CA        Primary    Purchase                      D        B       D        B      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation
[redacted] [redacted] [redacted] [redacted] 23796174 6296271                          Credit     Loan Package   Application /  Loan Package   Missing Document: Purchase Agreement / Sales Contract not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2018-06-07): XXXXX                                                                                             06/07/2018                       1          D          A          D          A          D          A          D          A          D          A                CA        Primary    Purchase                      D        B       D        B      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation
[redacted] [redacted] [redacted] [redacted] 23796174 6321772                          Compliance Loan Package   Closing /      Missing,       (Doc Error) HUD Error: Cash at settlement from or to borrower is blank.                                                                                                                                                                              Missing borrower's final CD for the 1st. Needed to determine  funds to from borrower.                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2018-06-05): XXXXX                                                                                             06/05/2018                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Purchase                      D        B       D        B      C          A          A        A                            No
                                                                                                 Documentation  Title          Incorrect, or
                                                                                                                               Incomplete
                                                                                                                               HUD-1
[redacted] [redacted] [redacted] [redacted] 20564689 26898117                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/15/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       D        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-03-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-10-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 20564689 26899365                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  Appraisal and secondary  valuation are missing.; Sec ID: 4                                                                                                                                                               Appraisal is missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2022-10-13): XXXXX                                                                                             10/13/2022                       1          D          A          D          A          D          A          D          A          D          A                CA        Primary    Refinance                     D        B       D        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20564689 26899383                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       Appraisal is missing from file.                                                                                                                                      Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2022-11-02): XXXXX                                                                                                                   11/02/2022 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        B       D        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-10-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-10-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 20564689 26899395                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                             Appraisal is missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2022-10-13): XXXXX                                                                                             10/13/2022                       1          D          A          D          A          D          A          D          A          D          A                CA        Primary    Refinance                     D        B       D        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-10-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 20564689 26908154                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the last day of the prior month. Guidelines require a 45 day lookback period.                                       Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2022-10-19): XXXXX                                                                                                                   10/19/2022 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        B       D        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 20564689 26908315                         Credit     Loan Package   Application /  Missing        Missing Document: Fraud Report not provided                                                                                                                                                                                                          Fraud report is incomplete. Only pages 1-2 of 24 were provided.                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2022-10-03): XXXXX                                                                                             10/03/2022                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       D        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 20564689 26979890                         Property   Property -     Appraisal      Property -     Loan is to be securitized. AVM provided is invalid.  The FSD is greater than 0.2.  No appraisal was provided.; Sec ID: 50                                                                                                                            XXXXX product provided does not reflect a confidence score or FSD score. Per guidelines an AVM can be used if the confidence score is > 0.80 or FSD is minimum of                                                                                                                                                                                                                                                                                                        Reviewer Comment (2022-10-24): XXXXX                                                                                             10/24/2022                       1                     A                     A                     A                     A                     A                CA        Primary    Refinance                     D        B       D        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                           0.20. Unable to determine if requirement is met with document provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23188892 27140155                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2022-11-04): XXXXX                                                                                                                   11/04/2022 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after xx/xx/xxxx declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 23188892 27140295                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   11/08/2022 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-11-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 23188892 27167503                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the last day of the prior month. Guidelines require a 45 day lookback period.                                       Borrower has been employed in the same industry for more than 5 years.                                                    1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2022-11-07): XXXXX                                                                                                                   11/07/2022 2          C          B          C          B          C          B          C          B          C          B                CO        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.                                                                                                                                                                SitusAMC,Aggregator
[redacted] [redacted] [redacted] [redacted] 27105074 27444586                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the last day of the prior month. Guidelines require a 45 day lookback period.                                       Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2022-12-08): XXXXX                                                                                                                   12/08/2022 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27105074 27445009                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2023-03-16): XXXXX                                                                                             03/16/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-03-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 27105074 27445426                         Property   Property -     Appraisal      Property -     Loan is to be securitized. AVM provided is invalid.  The FSD is greater than 0.2.  No appraisal was provided.; Sec ID: 50                                                                                                                            XXXXX provided does not reflect a confidence score or FSD score. Per guidelines an AVM can be used if the confidence score is > 0.80 or FSD is minimum of 0.20.                                                                                                                                                                                                                                                                                                          Reviewer Comment (2022-12-21): XXXXX                                                                                             12/21/2022                       1          D          A          D          A          D          A          C          A          D          A                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                           Unable to determine if requirement is met with document provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-12-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-12-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-12-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 27105074 27445441                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $51,943.20.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2023-03-10): XXXXX                                                                                             03/10/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Buyer Comment (2023-01-31): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-01-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-01-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-12-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-12-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27105074 27445763                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        The DTI of 50.24% exceeds the guideline maximum of 50.00%. Lender did not include property taxes of $122.20 in DTI.                                                  Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-03-14): XXXXX                                                                                                                   03/14/2023 2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2023-03-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-03-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Buyer Comment (2023-02-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-01-31): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-01-31): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-12-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-12-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-12-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-12-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-12-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-12-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29459568 26905448                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         Triggered due to missing appraisal. Evidence of physical inspection is needed to clear exception.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29459568 26905452                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          D          A          D          A          D          A          D          A          D          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29459568 26905453                         Credit     Loan Package   Application /  Missing        Missing Document: Tax Certificate not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29459568 26905455                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29459568 26905457                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  Appraisal and secondary  valuation are missing.; Sec ID: 4                                                                                                                                                               Appraisal missing.                                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          D          A          D          A          D          A          D          A          D          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29459568 26905461                         Compliance Compliance     State          State Defect   Massachusetts Home Loan - Borrower's Interest Tangible Net Benefit Worksheet Not in File                                    XXXXX Home Loan: No evidence in loan file of document or worksheet indicating how the lender determined that the home                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                                Compliance                                                                                                                                                loan is in the borrower's interest.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29459568 26915894                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states index value as of the last day of the prior month; guides require a 45 day lookback period.                                           Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2022-10-19): XXXXX                                                                                                                   10/19/2022 2          C          B          C          B          C          B          C          B          C          B                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 29459568 26916049                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                                                                                                                                                 Evidence of the use of an AUS was not in file, per guides, when a AUS is absent and the borrower is self-employed, 2 years signed tax returns and a two year history                                                                                                                                                                                                                                                                                                     Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          of employment must be verified.  Neither documentation was provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29459568 26916155                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    Per approval subject is a piggyback HELOC with a simultaneous closing.  The terms of that loan are not documented in the loan file.                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2022-10-06): XXXXX                                                                                             10/06/2022                       1          D          A          D          A          D          A          D          A          D          A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29459568 26933944                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  Appraisal from prior transaction was in file. Secondary valuation from subject transaction is   Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2022-11-01): XXXXX                                                                                             11/01/2022                       1                     A                     A                     A                     A                     A                MA        Primary    Refinance                     D        B       D        B      C          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal      missing.; Sec ID: 49                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-10-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2022-10-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 21979073 27515465                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.28148% is in excess of the investor allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2022-12-28): XXXXX                                                                                                                   12/28/2022 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,430.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,050.00 (an overage of $380.00 or .28148%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-12-21): XXXXX                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21979073 27518388                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the last day of the prior month. Guidelines require a 45 day lookback period.                                       Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2022-12-21): XXXXX                                                                                                                   12/21/2022 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 23626571 27001962                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the last day of the prior month. Guidelines require a 45 day lookback period.                                       Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2022-10-24): XXXXX                                                                                                                   10/24/2022 2          C          B          C          B          C          B          C          B          C          B                GA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 23626571 27002154                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2022-10-27): XXXXX                                                                                                                   10/27/2022 2          C          B          C          B          C          B          C          B          C          B                GA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 23626571 27002174                         Property   Property -     Appraisal      Property -     Loan is to be securitized. AVM provided is invalid.  The FSD is greater than 0.2.  No appraisal was provided.; Sec ID: 50                                                                                                                            XXXXX provided does not reflect a confidence score or FSD score. Per guidelines an AVM can be used if the confidence score is > 0.80 or FSD is minimum of 0.20.                                                                                                                                                                                                                                                                                                          Reviewer Comment (2022-11-04): XXXXX                                                                                             11/04/2022                       1          D          A          D          A          D          A          C          A          D          A                GA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                           Unable to determine if requirement is met with document provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2022-10-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 23626571 34640703                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-10-03): Client elects to waive.                                                                                                 10/03/2025 2                     A                     A                     A                                           B                GA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23626571 34640739                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-10-03): Client elects to waive.                                                                                                 10/03/2025 3                     N/A                   A                     N/A                                         D                GA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20402018 27603728                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.45000% is in excess of the investor allowable       Total fees financed by lender is $3,450.00.  Threshold maximum is $3,445.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2023-01-19): XXXXX                                                                                                                   01/19/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3445.00 (2022). Points and Fees total $3,450.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out and proof of
                                                                                                                                                                                                                                                                          on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,445.00 and $3445.00 (2022) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          $5.00 or 3.45000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2023-01-12): XXXXX                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23342248 34700028                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 138                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-10-14): Desk review provided. Exception cleared.                                                          10/14/2025                       1                     A                     A                     A                     A                     A                GA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27831579 27708074                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-01-27): XXXXX                                                                                                                   01/27/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 27831579 27708357                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has owned the subject property for at least 5 years.                                                             1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-01-31): XXXXX                                                                                                                   01/31/2023 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.                                                                                                                                                                SitusAMC,Aggregator
[redacted] [redacted] [redacted] [redacted] 27831579 27727892                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $161,565.60.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                        Reviewer Comment (2023-01-31): XXXXX                                                                                             01/31/2023                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-01-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27831579 27727981                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              A loan approval was not provided in the file. Please provide a document reflecting the loan was approved and the terms of the approval (LTV, DTI, FICO, etc.                                                                                                                                                                                                                                                                                                             Reviewer Comment (2023-01-31): XXXXX                                                                                             01/31/2023                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-01-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27831579 27728003                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate lock missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2023-02-01): XXXXX                                                                                                                   02/01/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25292491 27644731                         Compliance Compliance     Federal        TILA           TILA HELOC - HELOC Brochure Missing                                                                                         Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower.                                                   The file was missing evidence the HELOC Brochure was provided to borrower within 3 days of initial application.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2023-02-16): XXXXX                                                                                             02/16/2023                       1          C          A          C          A          C          A          C          A          C          A                NC        Second     Refinance                     C        B       B        B      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-02-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-02-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-01-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25292491 27646166                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-01-20): XXXXX                                                                                                                   01/20/2023 2          B          B          B          B          B          B          B          B          B          B                NC        Second     Refinance                     C        B       B        B      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Home       - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25292491 27927030                         Compliance Compliance     Federal        TILA           TILA HELOC - HELOC Brochure Not Provided Timely                                                                             Truth in Lending Act (HELOC): HELOC Brochure not provided to borrower at application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2023-02-16): XXXXX                                                                                             02/16/2023                       1                     A                     A                     A                     A                     A                NC        Second     Refinance                     C        B       B        B      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26431486 27705393                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate lock date not provided in file                                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2023-02-01): XXXXX                                                                                                                   02/01/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26431486 27707790                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Mortgage statement or Note wasn't provided for the existing first lien to verify the P&I payment.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2023-02-08): XXXXX                                                                                             02/08/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2023-02-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-02-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-01-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 24166467 27706024                         Credit     Title          Document Error Title          The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file).                                                                                                                              The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Borrower has been employed in the same industry for more than 5 years.                                                    Final Title Policy will be provided as a trailing document                                                                                            SitusAMC            Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/15/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              Unable to determine if appropriate coverage is provided.                                                                                                                                                                                             preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-03-15): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC            Reviewer Comment (2023-01-27): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Final Title Policy will be provided as a trailing document.                                                                                                                                                                                                                     SitusAMC,Aggregator
[redacted] [redacted] [redacted] [redacted] 29144205 27812647                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-02-07): XXXXX                                                                                                                   02/07/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 28866579 27911724                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-02-17): XXXXX                                                                                                                   02/17/2023 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 28626541 27921293                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate lock not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2023-02-22): XXXXX                                                                                                                   02/22/2023 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28626541 27921346                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien             SitusAMC            Reviewer Comment (2023-02-19): XXXXX                                                                                                                   02/19/2023 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 28626541 27921364                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    LookBack Period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-02-19): XXXXX                                                                                                                   02/19/2023 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (Calendar method)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 28626541 27921417                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Approval not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2023-02-23): XXXXX                                                                                             02/23/2023                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-02-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23787322 28141532                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/28/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 23787322 28141715                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2023-04-11): XXXXX                                                                                                        04/11/2023            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2023-04-06): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 23787322 28141738                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open rescission, provide copy of new right to cancel form, copy of                                                                                                                                                                                                                                                                                                          Reviewer Comment (2023-04-11): XXXXX                                                                                                        04/11/2023            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                        letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new rescission period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2023-04-06): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 23787322 28141755                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.65754% is in excess of the investor allowable       XXXXX - 3% Points and Fees                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2023-03-29): XXXXX                                                                                                                   03/29/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3730.00 (2023). Points and Fees total $4,096.44                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out and proof of
                                                                                                                                                                                                                                                                          on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,730.00 and $3730.00 (2023) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          $366.44 or 3.65754%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2023-03-21): XXXXX                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23963064 28075878                         Credit     Title          Document Error Title          The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file).                                                                                                                              The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Borrower has been employed in the same industry for more than 5 years.                                                    Final Title Policy will be provided as a trailing document                                                                                            SitusAMC            Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/15/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              Unable to determine if appropriate coverage is provided.                                                                                                                                                                                             preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-03-15): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Reviewer Comment (2023-03-07): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Final Title Policy will be provided as a trailing document.                                                                                                                                                                                                                     SitusAMC,Aggregator
[redacted] [redacted] [redacted] [redacted] 23963064 28075928                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.01713% is in excess of the investor allowable       XXXXX points and Fees exceed allowable threshold of $28.00 or .01713%.                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2023-03-16): XXXXX                                                                                                                   03/16/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,933.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,905.00 (an overage of $28.00 or .01713%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-03-07): XXXXX                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25182547 28140251                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    "Look Back Period on Note states value of Index on the first business day of the calendar month. Guidelines require look back period to be index value identified on Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-03-21): XXXXX                                                                                                                   03/21/2023 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 25182547 28140323                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-03-21): XXXXX                                                                                                                   03/21/2023 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25182547 28140340                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              A loan approval was not provided in the file. Please provide a document reflecting the loan was approved and the terms of the approval (LTV, DTI, FICO, etc.).                                                                                                                                                                                                                                                                                                           Reviewer Comment (2023-03-24): XXXXX                                                                                             03/24/2023                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-03-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25182547 28140341                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of Rate lock date.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2023-03-29): XXXXX                                                                                                                   03/29/2023 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24782594 28247995                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2023-04-12): XXXXX                                                                                                                   04/12/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24782594 28247996                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-04-10): XXXXX                                                                                                                   04/10/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 24782594 28248194                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-04-25): XXXXX                                                                                                                   04/25/2023 2          C          B          C          B          C          B          C          B          C          B                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 28653069 28269670                         Credit     Credit         Credit         Missing        Missing Document: Credit Report not provided                                                                                                                                                                                                         The file is missing a copy of the Credit report document .                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2023-04-18): XXXXX                                                                                             04/18/2023                       1          D          A          D          A          D          A          D          A          D          A                OR        Primary    Refinance                     D        D       D        A      B          B          A        D                            No
                                                                                                                Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 28653069 28269768                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97100% is in excess of the investor allowable       XXXXX points and fees exceed allowable threshold of $1,241.00 or 4.97100%.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2023-04-19): XXXXX                                                                                                                   04/19/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check D        D       D        A      B          B          A        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3730.00 (2023). Points and Fees total $4,971.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out and proof of
                                                                                                                                                                                                                                                                          on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,730.00 and $3730.00 (2023) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          $1,241.00 or 4.97100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2023-04-13): XXXXX                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28653069 28305416                         Credit     Guideline      Guideline      Guideline      Borrower has been on current job less than 2 years, and prior employment history was not documented as required.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2023-05-19): XXXXX                                                                                             05/19/2023                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     D        D       D        A      B          B          A        D                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-05-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-04-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-04-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-04-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 28653069 34700098                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date     Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-10-10): Client elects to waive.                                                                                                 10/10/2025 3                     N/A                   A                     N/A                                         D                OR        Primary    Refinance                     D        D       D        A      B          B          A        D                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28653069 34700099                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-10-10): Client elects to waive.                                                                                                 10/10/2025 2                     A                     A                     A                                           B                OR        Primary    Refinance                     D        D       D        A      B          B          A        D                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25802690 28542629                         Credit     Title          General        Title          Final Title Policy Coverage is less than Original Loan Amount.                                                                                                                                                                                       The final  title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an                                                                                                                                                                                                                                                                                                       Reviewer Comment (2023-11-15): XXXXX                                                                                             11/15/2023                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   addendum to the final report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-11-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 25802690 28715207                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Audit used current Hazard payment from policy and current tax payment. Appears lender used lower escrowed amount for T&I from the first lien.                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-09-14): XXXXX                                                                                             09/14/2023                       1                     A                     A                     A                     A                     A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2023-09-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-07-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-07-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 25802690 29407786                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                                                                                                                                           The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2023-11-14): XXXXX                                                                                             11/14/2023                       1                     A                     A                     A                     A                     A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 25461053 28340811                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.48720% is in excess of the investor allowable       Points and Fees on subject loan of 4.48720% is in excess of $273.66 or 4.48720%                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2023-05-03): XXXXX                                                                                                                   05/03/2023 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3730.00 (2023). Points and Fees total $4,003.66                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out and proof of
                                                                                                                                                                                                                                                                          on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,730.00 and $3730.00 (2023) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          $273.66 or 4.48720%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Seller Comment (2023-05-03): XXXXX                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-04-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 21844672 28339347                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2023-04-26): XXXXX                                                                                                                   04/26/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21844672 28339353                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-04-24): XXXXX                                                                                                                   04/24/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 21844672 28339370                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-04-24): XXXXX                                                                                                                   04/24/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 21844672 28339522                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              A loan approval was not provided in the file. Please provide a document reflecting the loan was approved and the terms of the approval (LTV, DTI, FICO, etc.).                                                                                                                                                                                                                                                                                                           Reviewer Comment (2023-04-27): XXXXX                                                                                             04/27/2023                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 21844672 28339599                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $4,841.80. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                           Reviewer Comment (2023-05-01): XXXXX                                                                                             05/01/2023                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 21319669 28424285                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-05-11): XXXXX                                                                                                                   05/11/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 21319669 28453618                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2023-05-16): XXXXX                                                                                             05/16/2023                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 26796372 28454261                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                                                                                                                                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                             05/22/2023                       1          B          A          B          A          B          A          B          A          B          A                FL        Primary    Refinance                     B        A       B        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-05-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-05-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 25277640 28480999                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-05-18): XXXXX                                                                                                                   05/18/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 26715716 28481426                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-05-18): XXXXX                                                                                                                   05/18/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 26715716 28481442                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $38,943.20.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2023-05-24): XXXXX                                                                                             05/24/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 26715716 28481594                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        This file was missing a copy of VVOE.  Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2023-05-24): XXXXX                                                                                             05/24/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 26715716 28481660                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-05-18): XXXXX                                                                                                                   05/18/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 29840348 28454728                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial rate Lock date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2023-05-24): XXXXX                                                                                                                   05/24/2023 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29840348 28454747                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-05-16): XXXXX                                                                                                                   05/16/2023 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 29840348 28456914                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-05-16): XXXXX                                                                                                                   05/16/2023 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 25290929 28624077                         Credit     Documents      Missing        Documents      File does not contain documentation form lender/seller confirming the condo is warrantable.                                 -                                                                                                                        Please Provide documentation from lender/seller that confirming Subject Project is warrantable Condo project.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-06-28): XXXXX                                                                                             06/28/2023                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 26560043 28582039                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-06-12): XXXXX                                                                                                                   06/12/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 26560043 28582126                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of the Initial Rate Lock Date.                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2023-06-15): XXXXX                                                                                                                   06/15/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26560043 28582134                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-06-12): XXXXX                                                                                                                   06/12/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 23573057 28651313                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          06/23/2023 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23573057 28651330                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-06-27): XXXXX                                                                                                                   06/27/2023 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 23573057 28651342                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-06-27): XXXXX                                                                                                                   06/27/2023 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 20877909 28683608                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-06-29): XXXXX                                                                                                                   06/29/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 20877909 28683653                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-06-29): XXXXX                                                                                                                   06/29/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 20877909 28683771                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file is missing a copy of initial rate lock documentation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  06/29/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26274319 28733413                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.07500% is in excess of the investor allowable       Points and Fees exceed threshold by $30.00 or .07500%.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2023-07-19): XXXXX                                                                                             07/19/2023                       1          B          A          B          A          B          A          B          A          B          A                AZ        Primary    Refinance  LOE, copy of check C        A       A        A      C          A          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,030.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,000.00 (an overage of $30.00 or .07500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26274319 28733556                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,030.00.  Threshold maximum is $2,000.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2023-07-19): XXXXX                                                                                             07/19/2023                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 26274319 28733557                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2023-07-19): XXXXX                                                                                             07/19/2023                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 26274319 28733558                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.07500% is in excess of the allowable     Total fees financed by lender is $2,030.00.  Threshold maximum is $2,000.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2023-07-19): XXXXX                                                                                             07/19/2023                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  C        A       A        A      C          A          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,030.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $30.00 or .07500%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-07-18): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26274319 28733560                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-07-19): XXXXX                                                                                             07/19/2023                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 21196235 28771993                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-07-20): XXXXX                                                                                                                   07/20/2023 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 21196235 28772030                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/18/2023 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21196235 28774813                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-07-20): XXXXX                                                                                                                   07/20/2023 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25730533 28882434                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2023-08-16): XXXXX                                                                                             08/16/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or afterXX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-08-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 25730533 28882439                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.85000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,071.50 or 4.85000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      08/07/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3730.00 (2023). Points and Fees total $4,801.50                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out and proof of
                                                                                                                                                                                                                                                                          on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,730.00 and $3730.00 (2023) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          $1,071.50 or 4.85000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22101644 28882134                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          First close report with photos only provided.                                                                                                         SitusAMC            Reviewer Comment (2023-08-15): XXXXX                                                                                                                   08/15/2023 2          C          B          C          B          C          B          C          B          C          B                NJ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-08-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22101644 28882145                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of Rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              08/07/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22101644 28882152                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        This file was missing a copy of VVOE.  Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2023-08-11): XXXXX                                                                                             08/11/2023                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-08-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22101644 28882154                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-08-09): XXXXX                                                                                                                   08/09/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27545237 28951773                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-08-22): XXXXX                                                                                                                   08/22/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 27545237 28951783                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of Rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              08/18/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27545237 28951790                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-08-22): XXXXX                                                                                                                   08/22/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23544389 29041587                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2023-09-20): XXXXX                                                                                             09/20/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-09-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 23544389 29043392                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 44.94313% exceeds Guideline total debt ratio of 43.00000%. Lender excluded Navy Federal CU installment debt,                                                                                                                                                                                                                                                                                                          Reviewer Comment (2023-11-06): XXXXX                                                                                             11/06/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      however documentation supporting omission of debt from DTI was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2023-11-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29629986 29013129                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-09-08): XXXXX                                                                                                                   09/08/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 29629986 29013166                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               09/06/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29629986 29013188                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-09-08): XXXXX                                                                                                                   09/08/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 29629986 29022705                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Missing evidence of First Payment Date.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2023-09-15): XXXXX                                                                                             09/15/2023                       1          C          A          C          A          C          A          C          A          C          A                PA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-09-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 20978353 28976427                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   File is missing a copy of Initial Rate Lock Date document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      08/24/2023 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20978353 28976432                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2023-08-30): XXXXX                                                                                             08/30/2023                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-08-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20978353 28976447                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-08-28): XXXXX                                                                                                                   08/28/2023 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 20978353 28976452                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-08-28): XXXXX                                                                                                                   08/28/2023 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25314249 28996057                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-09-01): XXXXX                                                                                                                   09/01/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 25314249 28996060                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file is missing a copy of initial rate lock documentation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  08/30/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25314249 28996079                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-09-01): XXXXX                                                                                                                   09/01/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 24316235 28995750                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-09-01): XXXXX                                                                                                                   09/01/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 24316235 28995765                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          08/30/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24316235 29006121                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-09-01): XXXXX                                                                                                                   09/01/2023 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 29238319 28999704                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-09-05): XXXXX                                                                                                                   09/05/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 29238319 29000034                         Compliance Loan Package   Application /  Missing,       Missing Document: Missing Lender's Initial 1003                                                                                                                                                                                                      File is missing Lender's Initial 1003.                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2023-09-07): XXXXX                                                                                             09/07/2023                       1          B          A          B          A          B          A          B          A          B          A                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Incorrect, or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                               Final or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Seller Comment (2023-09-06): XXXXX
                                                                                                                               Initial 1003
[redacted] [redacted] [redacted] [redacted] 29238319 29000074                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate Set Date Not Provided not provided in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                08/31/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29238319 29000075                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2023-09-14): XXXXX                                                                                                                   09/14/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29238319 29000236                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-09-05): XXXXX                                                                                                                   09/05/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23710597 29054909                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2023-09-25): XXXXX                                                                                             09/25/2023                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-09-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23710597 29055005                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         No evidence of title in file.                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-09-20): XXXXX                                                                                             09/20/2023                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-09-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 20754646 29054945                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-09-19): XXXXX                                                                                                                   09/19/2023 2          B          B          B          B          B          B          B          B          B          B                KS        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 20754646 29054986                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          09/15/2023 2          B          B          B          B          B          B          B          B          B          B                KS        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20754646 29055371                         Credit     Loan Package   Closing /      Loan Package   ARM Error: Lookback Period was not provided                                                                                                                                                                                                          Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                    1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC            Reviewer Comment (2023-09-19): XXXXX                                                                                                                   09/19/2023 2          B          B          B          B          B          B          B          B          B          B                KS        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Title          Documentation                                                                                                                                                                                                                                                       the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.                                                                                                                                                                SitusAMC,Aggregator
[redacted] [redacted] [redacted] [redacted] 28427836 29124331                         Credit     Title          Document Error Title          The Preliminary title policy is within CA or NV and does not reflect a coverage amount (no final title policy in file).                                                                                                                              The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   09/30/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                              Unable to determine if appropriate coverage is provided.                                                                                                                                                                                             preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28427836 29124360                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction TIL Rescission Timing: Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2023-11-13): XXXXX                                                                                                        11/13/2023            2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance  TILA ROR - Provide C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX 12:00:00 AM.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2023-11-10): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2023-11-09): XXXXX                                                                                                                                                                                                                                                                                             using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-10-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-10-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 28427836 29124365                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-05): XXXXX                                                                                                                   10/05/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 29767175 29090464                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          Client elects to waive.                                                                                                                               SitusAMC,Aggregator Reviewer Comment (2023-10-03): XXXXX                                                                                                                   10/03/2023 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-09-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29767175 29090484                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of Rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              09/25/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29767175 29090489                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-09-29): XXXXX                                                                                                                   09/29/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 27710514 29090268                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-10-02): XXXXX                                                                                                                   10/02/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27710514 29090316                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial rate Lock date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               09/25/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27710514 29090324                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and    Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-02): XXXXX                                                                                                                   10/02/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 20580406 29134928                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                                                                                                                                                  The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2023-10-12): XXXXX                                                                                             10/12/2023                       1          D          A          A          A          D          A          D          A          D          A                FL        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-10-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 20580406 29134936                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-09): XXXXX                                                                                                                   10/09/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25342253 29216155                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                                                                                                                                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   10/11/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20510664 29134294                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-09): XXXXX                                                                                                                   10/09/2023 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 20510664 29134364                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          10/03/2023 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20510664 29134377                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-09): XXXXX                                                                                                                   10/09/2023 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25926779 29133333                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-06): XXXXX                                                                                                                   10/06/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25926779 29133369                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of Rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              10/03/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25926779 29133387                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-06): XXXXX                                                                                                                   10/06/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 23050566 29145759                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-09): XXXXX                                                                                                                   10/09/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 23050566 29145793                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of the Initial Rate Lock Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      10/04/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23050566 29145814                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          Client elects to waive.                                                                                                                               SitusAMC,Aggregator Reviewer Comment (2023-10-10): XXXXX                                                                                                                   10/10/2023 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-10-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29972299 29343038                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower.                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2023-11-03): XXXXX                                                                                             11/03/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29972299 29343039                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2023-11-03): XXXXX                                                                                             11/03/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29972299 29343040                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2023-11-03): XXXXX                                                                                             11/03/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29972299 29343041                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.66399% is in excess of the allowable     Points and Fees on subject loan of 5.66399% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,675.65 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2023-11-03): XXXXX                                                                                             11/03/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,675.65 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $430.90 or .66399%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $430.90 or .66399%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-01): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29972299 29343042                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-11-03): XXXXX                                                                                             11/03/2023                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29972299 29343043                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.66399% is in excess of the investor allowable       XXXXX point and Fees exceed allowable threshold by $430.90 or .66399%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          10/26/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,675.65 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,244.75 (an overage of $430.90 or .66399%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29972299 29343048                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-30): XXXXX                                                                                                                   10/30/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 26568468 29342564                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-30): XXXXX                                                                                                                   10/30/2023 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 28982404 29159464                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate lock not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          10/05/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28982404 29159495                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-09): XXXXX                                                                                                                   10/09/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 28982404 29159526                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-09): XXXXX                                                                                                                   10/09/2023 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25405543 29213559                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-12): XXXXX                                                                                                                   10/12/2023 2          B          B          B          B          B          B          B          B          B          B                KS        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 25405543 29213678                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial rate Lock date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               10/11/2023 2          B          B          B          B          B          B          B          B          B          B                KS        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25405543 29213682                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and    Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-12): XXXXX                                                                                                                   10/12/2023 2          B          B          B          B          B          B          B          B          B          B                KS        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 20783115 29283101                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-23): XXXXX                                                                                                                   10/23/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 20783115 29283155                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of Rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              10/20/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20783115 29283172                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-23): XXXXX                                                                                                                   10/23/2023 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 20783115 29326332                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2023-10-25): XXXXX                                                                                             10/25/2023                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-10-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27922850 29233204                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-17): XXXXX                                                                                                                   10/17/2023 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 27922850 29233230                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of the Initial Rate Lock Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      10/13/2023 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27922850 29233231                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,270.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      10/13/2023 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3730.00 (2023). Points and Fees total $5,000.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out and proof of
                                                                                                                                                                                                                                                                          on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,730.00 and $3730.00 (2023) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          $1,270.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22955708 29260636                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-10-19): XXXXX                                                                                                                   10/19/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 22955708 29260657                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          Client elects to waive.                                                                                                                               SitusAMC,Aggregator Reviewer Comment (2023-10-24): XXXXX                                                                                                                   10/24/2023 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2023-10-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 22955708 29261421                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          10/18/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24367614 29353558                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be Index Value identified on    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2023-11-01): XXXXX                                                                                                                   11/01/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 24367614 29353753                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   File is missing a copy of Initial Rate Lock Date document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      10/30/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24367614 29353757                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          Disaster > 1 years from note date.                                                                                                                    SitusAMC,Aggregator Reviewer Comment (2023-11-01): XXXXX                                                                                                                   11/01/2023 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 25427033 29330767                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-10-25): XXXXX                                                                                                                   10/25/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 25427033 29330777                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          10/24/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25427033 29330780                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-25): XXXXX                                                                                                                   10/25/2023 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 21039594 29262808                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          1st lien note date > FEMA disaster date. Borrower acquired financing for the property after FEMA disaster incident date. Loan is 2nd lien.            SitusAMC,Aggregator Reviewer Comment (2023-10-19): XXXXX                                                                                                                   10/19/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
[redacted] [redacted] [redacted] [redacted] 20208851 29378854                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on    Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2023-11-07): XXXXX                                                                                                                   11/07/2023 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 20208851 29378910                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial Rate Lock rate date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          11/03/2023 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22844699 29448156                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2023-11-28): XXXXX                                                                                             11/28/2023                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2023-11-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 28491867 29712140                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lookback period on Note states value of Index on the first business day of the calendar month. Guidelines require lookback period to be index value identified on                                                                                                                                                                                                                                                                                                        Reviewer Comment (2024-01-04): XXXXX                                                                                             01/04/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                   the last day of prior month (calendar method).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28491867 29712145                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of the Initial Rate Lock Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      12/28/2023 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28491867 29712150                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Property not inspected post FEMA declared disaster, but property is not located near the declared disaster area.          Client elects to waive.                                                                                                                               SitusAMC,Aggregator Reviewer Comment (2024-01-09): XXXXX                                                                                                                   01/09/2024 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-01-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-01-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 28491867 29712155                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                         Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/28/2023 3          D          N/A        A          A          N/A        N/A        D                     D          D                CA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26229494 29807413                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Initial rate Lock date is not documented in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               01/18/2024 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26229494 29807418                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                         Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     01/18/2024 3          D          N/A        A          A          N/A        N/A        D                     D          D                IL        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25485806 29960044                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  Appraisal was provided. Secondary valuation from subject transaction is missing.; Sec ID: 49    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     02/09/2024 3          D          N/A        A          A          N/A        N/A        D          D          D          D                AZ        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27604668 30247386                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 8.00515% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,570.17 or 8.00515%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/26/2024 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3914.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,484.17 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,914.00 and $3914.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,570.17 or 8.00515%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27604668 30247388                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling  disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/26/2024 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27604668 30247402                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  Appraisal was provided. Secondary valuation from subject transaction is missing.; Sec ID: 49    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/26/2024 3          D          N/A        A          A          N/A        N/A        D          D          D          D                PA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25067558 30235936                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/25/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25067558 30235940                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                                                                                                                                                  The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/25/2024 3          D          N/A        A          A          N/A        N/A        D                     D          D                CA        Investment Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25067558 30236329                         Credit     Loan Package   Application /  Loan Package   Mismatch of data related to Occupancy.                                                                                      -                                                                                                                        Subject property is Investment. However, final 1003 Declarations  disclosed borrower  will occupy property as primary.                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2024-04-15): XXXXX                                                                                             04/15/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24940613 30249488                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the home ownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/26/2024 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24940613 30249507                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                         Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/26/2024 3          D          N/A        A          A          N/A        N/A        D                     D          D                VA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29538128 30339589                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling  disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/12/2024 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29538128 30339638                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                         Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/12/2024 3          D          N/A        A          A          N/A        N/A        D                     D          D                MO        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23635381 30261079                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   File is missing a copy of Initial Rate Lock Date document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/28/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23635381 30261087                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                         Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/28/2024 3          D          N/A        A          A          N/A        N/A        D                     D          D                CA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29922597 30566292                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                05/16/2024 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     B        D       A        A      B          B          A        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29922597 30567841                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation                                                        ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to   Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2024-05-23): XXXXX                                                                                                                   05/23/2024 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     B        D       A        A      B          B          A        D                            No
                                                                                                                Compliance                                                                                                                                                consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29922597 34533483                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-09-23): XXXXX                                                                                                                   09/23/2025 3                     N/A                   A                     N/A                                         D                VA        Primary    Refinance                     B        D       A        A      B          B          A        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29922597 34533485                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-09-23): XXXXX                                                                                                                   09/23/2025 2                     B                     A                     A                                           A                VA        Primary    Refinance                     B        D       A        A      B          B          A        D                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20941349 30392191                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   File is missing a copy of Initial Rate Lock Date document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/17/2024 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20941349 30392222                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. AVM provided. The supporting secondary valuation is missing.; Sec ID: 53                         Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/17/2024 3          D          N/A        A          A          N/A        N/A        D                     D          D                MO        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26825716 34533455                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-09-23): XXXXX                                                                                                                   09/23/2025 3                     N/A                   A                     N/A                                         D                AZ        Primary    Refinance                     A        D       A        A      A          A          A        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26825716 34533467                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-09-23): XXXXX                                                                                                                   09/23/2025 2                     A                     A                     A                                           B                AZ        Primary    Refinance                     A        D       A        A      A          A          A        D                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28665808 30690261                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.93933% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,124.12 or 4.93933%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/04/2024 2          B          B          B          B          B          B          B          B          B          B                HI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3914.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,038.12 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,914.00 and $3914.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,124.12 or 4.93933%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28665808 30690263                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application        RESPA Disclosure Rule (Dodd-Frank XXXXX): List of Homeownership Counseling Organizations not provided to applicant       The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                06/04/2024 2          B          B          B          B          B          B          B          B          B          B                HI        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                within three (3) business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28665808 30744754                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Drive-by date is greater than two months from Note date. Drive-by date is XX/XX/XX and Noe date is XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2024-06-17): XXXXX                                                                                             06/17/2024                       1                     A                     A                     A                     A                     A                HI        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-06-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-06-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-06-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 23466709 31184272                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                07/23/2024 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23466709 31184273                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/23/2024 3          D          N/A        A          A          N/A        N/A                              D          D                IN        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20217750 31013047                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/01/2024 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20217750 31013049                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling  disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/01/2024 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20217750 31013054                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MO        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27394597 31588995                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   09/05/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23427565 31610279                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.20630% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $347.62 or .20630%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        09/09/2024 2          B          B          B          B          B          B          B          B          B          B                HI        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,402.62 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,055.00 (an overage of $347.62 or .20630%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23427565 31610281                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling  disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               09/09/2024 2          B          B          B          B          B          B          B          B          B          B                HI        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23427565 31619271                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/10/2024 3          D          N/A        A          A          N/A        N/A                              D          D                HI        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28527318 31627258                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NY        Investment Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28527318 31627279                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 8.71601% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees on subject loan of 8.71601% is in excess of the allowable maximum of the greater of 5.00000% of the Original Line Limit and $1000.00  (XXXXX).                                                                                                                                                                                                                                                                                                                                                                                                                                                            09/11/2024 2          B          B          B          B          B          B          B          B          B          B                NY        Investment Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,558.15 on a Original Line Limit of $XXXXX   XXXXX Finance Charge total $2,558.15 on a Original Line Limit of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,090.65 or 3.71601%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $1,090.65 or 3.71601%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27483460 31224428                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2024-08-06): XXXXX                                                                                             08/06/2024                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 27483460 31224439                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/29/2024 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20428708 31248691                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/31/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20428708 31248851                         Compliance Loan Package   Application /  Missing,       Missing Document: Missing Lender's Initial 1003                                                                                                                                                                                                      The file was missing a copy of the required Initial 1003.                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2024-08-02): XXXXX                                                                                             08/02/2024                       1          B          A          B          A          B          A          B          A          B          A                MA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Documentation  Processing     Incorrect, or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                               Final or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Seller Comment (2024-08-02): XXXXX
                                                                                                                               Initial 1003
[redacted] [redacted] [redacted] [redacted] 20428708 31248981                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                07/31/2024 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20428708 31248982                         Compliance Compliance     State          State Late     XXXXX Open End Late Charge Percent and Amount Testing                                                                       XXXXX Late Charge: Note late charge of 3.00000%/$14.48 exceeds state maximum of 10% or $10, whichever is lesser.         Note late charge of 3.00000%/$14.48 exceeds state maximum of 10% or $10, whichever is lesser.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-08-08): XXXXX                                                                                                                   08/08/2024 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 22606098 31399710                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     08/16/2024 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21368382 31247595                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.33400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,668.00 or 1.33400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/31/2024 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check D        D       A        A      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,668.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $2,668.00 or 1.33400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21368382 31247597                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) New York High-Cost Loan (Aggregate Payment Disclosure Not Provided)                            XXXXX High-Cost Loan: Borrower not provided with Aggregate Monthly Payment Disclosure statement.                         Borrower not provided with Aggregate Monthly Payment Disclosure statement.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2024-08-27): XXXXX                                                                                             08/27/2024                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance  No obvious cure    D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21368382 31247598                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) New York High-Cost Loan (Consumer Caution and Home Ownership Counseling Notice Not Provided)   XXXXX High-Cost Loan: Borrower not provided with Consumer Caution and Home Ownership Counseling Notice.                  Borrower not provided with Consumer Caution and Home Ownership Counseling Notice.                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2024-08-27): XXXXX                                                                                             08/27/2024                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance  No obvious cure    D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21368382 31247599                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) New York High-Cost Loan (Counseling Disclosure Not Provided)                                   XXXXX High-Cost Loan: Counseling Disclosure not provided to borrower.                                                    Counseling Disclosure not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2024-08-27): XXXXX                                                                                             08/27/2024                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance  No obvious cure    D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21368382 31247600                         Compliance Compliance     State          State Defect   (State High Cost Provision) New York High-Cost Loan (Financed Fees Exceeds Threshold)                                       XXXXX High-Cost Loan: Lender financed points and fees in excess of 3% of the total loan amount.                          Lender financed points and fees in excess of 3% of the total loan amount.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2024-08-27): XXXXX                                                                                             08/27/2024                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21368382 31247601                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) New York High-Cost Loan (High Cost Legend Not on Mortgage)                                     XXXXX High-Cost Loan: Mortgage does not contain legend advising loan is high-cost.                                       Mortgage does not contain legend advising loan is high cost.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2024-08-27): XXXXX                                                                                             08/27/2024                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21368382 31247602                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) New York High-Cost Loan (Shop Around Notice Not on Loan Application)                           XXXXX High-Cost Loan: Mandatory "Shop Around" Notice not included on loan application to applicant.                      Mandatory "Shop Around" Notice not included on loan application to applicant.                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-08-27): XXXXX                                                                                             08/27/2024                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance  No obvious cure    D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21368382 31247603                         Compliance Compliance     State          State Defect   (State High Cost) New York High-Cost Loan (Points and Fees)                                                                 XXXXX Anti-Predatory Lending Statute: Points and Fees on subject loan of 5.09222% is in excess of the allowable maximum  Points and Fees exceed allowable threshold by $175.50 or .09222%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2024-08-27): XXXXX                                                                                                        08/27/2024            2          C          B          C          B          C          B          C          B          C          B                NY        Primary    Refinance  Within 30 days of  D        D       A        A      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $9,690.95 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out closing, provide:
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $175.50 or .09222%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other    (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-08-26): XXXXX                                                                                                                                                                                                                                                                                             from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-21): XXXXX                                                                                                                                                                                                                                                                                               (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)   Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             60 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             signed borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice letter to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either (a) accept
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan non-high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or (b) keep loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             as high-cost and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (5) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(a) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, copy of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund check and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (6) If option 4(b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is selected, proof
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             of cure for each
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             of the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations. Note,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 21368382 31247635                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/31/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NY        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28436943 31225450                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,709.87 or 4.99900%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/29/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3914.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,623.87 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,914.00 and $3914.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,709.87 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28436943 31225606                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for secularization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/29/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26007536 31557959                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     08/30/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25482708 31782899                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     10/01/2024 2          A          N/A        A          A          N/A        N/A                              A          A                WA        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25482708 31782961                         Compliance Compliance     Federal        Missing Non-   Disbursement Date Missing Test                                                                                              Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of XX/XX/XX  Evidence of disbursement date not found in file. Security Instrument Notary Date of XX/XX/XX used as disbursement date for compliance testing.                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2024-10-09): XXXXX                                                                                             10/09/2024                       1          B          A          B          A          B          A          B          A          B          A                WA        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              used as disbursement date for compliance testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-10-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 25482708 31782962                         Compliance Compliance     Federal        Compliance     Note Interest Accrual Start Date                                                                                            Disbursement Date is missing.  Unable to determine Interest Accrual Start Date from the Note due to missing information. Unable to determine Interest Accrual Start Date from the Note due to missing information.                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2024-10-09): XXXXX                                                                                             10/09/2024                       1          A          A          A          A          A          A          A          A          A          A                WA        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25482708 31782965                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of                                                                                                                                                                                                                                                                                                           Reviewer Comment (2024-10-09): XXXXX                                                                                             10/09/2024                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  TILA ROR - Provide C        A       C        A      C          A          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX 12:00:00 AM.                                                                                            letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2024-10-08): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 25482708 31797858                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        File is missing a copy of the XXXXX K-1 and XXXXX and XXXXX 1120S required for S-Corp income verification.                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2024-10-09): XXXXX                                                                                             10/09/2024                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-10-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 25482708 31905749                         Credit     Note           Document Error Note           Missing evidence of First Payment Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2024-12-19): XXXXX                                                                                             12/19/2024                       1                     A                     A                     A                     A                     A                WA        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-12-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 21279091 31608051                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application            RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2024-09-18): XXXXX                                                                                                                   09/18/2024 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-09-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 21279091 31608052                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                09/09/2024 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21279091 31608056                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/09/2024 3          D          N/A        A          A          N/A        N/A                              D          D                IL        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21279091 31614707                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Evidence of earlier borrower receipt was not found in file.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2024-10-02): XXXXX                                                                                             10/02/2024                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-10-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 26414831 31361110                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     08/13/2024 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25216003 31427249                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00250% is in excess of the investor allowable       Points and Fees on subject loan of 3.00250% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                  08/20/2024 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,005.00 on a Federal Total Loan Amount of $6,005.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $6,000.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $5.00 or .00250%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25216003 31427603                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date     Note Date:  ___; Lien Position: ___                                                                                      442  certificate of completion is provided.                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-10-10): Client elects to waive.                                                                                                 10/10/2025 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25216003 34700336                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-10-10): Client elects to waive.                                                                                                 10/10/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27458062 31347497                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   08/12/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27458062 31347504                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     08/12/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27458062 31347549                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file is missing copy of Insurance Verification for this property located at   XXXXX.                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2024-08-21): XXXXX                                                                                             08/21/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-08-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 20428924 31569161                         Compliance Compliance     State          Misc. State    Minnesota Residential Mortgage Originator and Servicer Licensing Act (Counseling Requirement)                               XXXXX Residential Mortgage Originator and Servicer Licensing Act: Refinance of a "special mortgage" without evidence     Refinance of a "special mortgage" without evidence that borrower received counseling on advisability of transaction by an authorized independent loan counselor.                                                                                                                                                                                                                                                                                                         Reviewer Comment (2024-09-11): XXXXX                                                                                                                   09/11/2024 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance     Level                                                                                                                                      that borrower received counseling on advisability of transaction by an authorized independent loan counselor.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-09-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-09-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 20428924 31569169                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/03/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MN        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28777830 31629031                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                OR        Investment Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28777830 31630278                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              09/11/2024 2          B          B          B          B          B          B          B          B          B          B                OR        Investment Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28777830 31630299                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of REO statement for property located at XXXXX:                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2024-09-17): XXXXX                                                                                             09/17/2024                       1          C          A          C          A          C          A          C          A          C          A                OR        Investment Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-09-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-09-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-09-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 20481972 31438908                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   08/21/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20481972 31438915                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                                                                                                                                                                                   08/21/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                           preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20481972 31438918                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   08/21/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29762567 31569261                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/03/2024 3          D          N/A        A          A          N/A        N/A                              D          D                SC        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29762567 31569901                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                09/03/2024 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24208983 31507818                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     08/27/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Investment Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24311813 31813393                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     10/04/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NV        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24311813 31813745                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2024-10-09): XXXXX                                                                                             10/09/2024                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-10-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24311813 31813747                         Credit     Insurance      Insurance      Insurance      Hazard Insurance Error: Subject hazard insurance premium is missing from evidence of insurance.                                                                                                                                                      Hazard insurance is missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2024-10-09): XXXXX                                                                                             10/09/2024                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-10-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 26861759 31557786                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     08/30/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NJ        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24571411 31589853                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                09/05/2024 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24571411 31589968                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/05/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MT        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24571411 31612556                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien                                                                                                                                                                                                                                                                                                                                                                                                                                                               09/09/2024 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                           status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20744270 31667488                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application            RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2024-09-26): XXXXX                                                                                                                   09/26/2024 2          B          B          B          B          B          B          B          B          B          B                HI        Second     Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-09-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20744270 31667489                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling  disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               09/17/2024 2          B          B          B          B          B          B          B          B          B          B                HI        Second     Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20744270 31667565                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137        Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/17/2024 3          D          N/A        A          A          N/A        N/A                              D          D                HI        Second     Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20169732 31570564                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99960% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an Average of $2,335.50 or 4.99960%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        09/03/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3914.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,249.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,914.00 and $3914.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,335.50 or 4.99960%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20169732 31570609                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/03/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29298883 31635268                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/12/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29298883 31635271                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   09/12/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28791321 31676578                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                09/18/2024 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28791321 31676602                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/18/2024 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20933529 31627086                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26066840 31708042                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/23/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Investment Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29994766 31645220                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/13/2024 3          D          N/A        A          A          N/A        N/A                              D          D                AZ        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29994766 31645232                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.89458% is in excess of the investor allowable       XXXXX Points and Fees threshold exceeded by n overage of $1,665.82 or 4.89458%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  09/13/2024 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3914.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,579.82 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,914.00 and $3914.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,665.82 or 4.89458%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23223004 31668128                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.69800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,745.00 or .69800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       09/17/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       C        B      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,245.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $1,745.00 or .69800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23223004 31668142                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   09/17/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23223004 31668144                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/17/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23223004 31668278                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        This file was missing a copy of VVOE.  Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2024-11-26): XXXXX                                                                                             11/26/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 27171223 31763280                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2024-10-07): XXXXX                                                                                             10/07/2024                       1          B          A          B          A          B          A          B          A          B          A                FL        Primary    Refinance                     D        D       A        A      B          A          D        D                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-10-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27171223 31763361                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     09/27/2024 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       A        A      B          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27821873 31951852                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     10/22/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20210162 31944517                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     10/21/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CT        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27411569 32031771                         Compliance Compliance     Federal        TILA           Federal HELOC Ability to Repay Reliable Documentation                                                                       Truth in Lending Act (HELOC):  Borrower's ability to repay not verified with reliable documentation.                     Borrower's ability to repay not verified with reliable documentation.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2024-11-06): XXXXX                                                                                             11/06/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 27411569 32031772                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2024-11-06): XXXXX                                                                                             11/06/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 27411569 32031773                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2024-11-06): XXXXX                                                                                             11/06/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 27411569 32031774                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2024-11-06): XXXXX                                                                                             11/06/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 27411569 32031775                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.08500% is in excess of the allowable     Points and Fees on subject loan of 5.08500% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $2,542.50 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2024-11-06): XXXXX                                                                                             11/06/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  D        D       B        B      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,542.50 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $2,500.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $42.50 or .08500%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-05): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27411569 32031776                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Pre-loan counseling requirements not met.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2024-11-06): XXXXX                                                                                             11/06/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 27411569 32031777                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.08500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $42.50 or .08500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          10/31/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       B        B      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,542.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,500.00 (an overage of $42.50 or .08500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27411569 32031787                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     10/31/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27411569 32031791                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   10/31/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27411569 32031796                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               Preliminary title policy does not state a coverage amount.                                                                                                           Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   10/31/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25915177 32168434                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/22/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24028931 32086407                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/11/2024 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22625467 32247803                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        11/27/2024 3          D          N/A        A          A          N/A        N/A                              D          D                KY        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21784775 32021664                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     10/30/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NM        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25715883 32167548                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/22/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25715883 32167581                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   11/22/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25715883 32167623                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 56.56501% exceeds Guideline total debt ratio of 50.00000%.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-12-03): XXXXX                                                                                             12/03/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2024-12-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-29): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 22111480 32039960                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2024-11-11): XXXXX                                                                                             11/11/2024                       1          B          A          B          A          B          A          B          A          B          A                VA        Primary    Refinance                     D        D       A        A      B          A          D        D                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 22111480 32039973                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/01/2024 3          D          N/A        A          A          N/A        N/A                              D          D                VA        Primary    Refinance                     D        D       A        A      B          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22168059 32156271                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/20/2024 3          D          N/A        A          A          N/A        N/A                              D          D                OH        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26037541 32365210                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/16/2024 3          D          N/A        A          A          N/A        N/A                              D          D                AZ        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25182989 32059699                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2024-11-14): XXXXX                                                                                             11/14/2024                       1          A          A          A          A          A          A          A          A          A          A                LA        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 25182989 32059701                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-14): XXXXX                                                                                             11/14/2024                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 25182989 32059702                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/06/2024 3          D          N/A        A          A          N/A        N/A                              D          D                LA        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27564607 31958623                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2024-10-30): XXXXX                                                                                                                   10/30/2024 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-10-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 27564607 31958655                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     10/23/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NV        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27564607 33229831                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/10/2025 2                     B                     B                     B                     B                     B                NV        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24870826 32084779                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27429132 32247403                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/27/2024 3          D          N/A        A          A          N/A        N/A                              D          D                SC        Investment Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25323967 32059669                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2024-11-19): XXXXX                                                                                             11/19/2024                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 25323967 32059671                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/06/2024 3          D          N/A        A          A          N/A        N/A                              D          D                IL        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29217076 32163067                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2024-11-21): XXXXX                                                                                                                   11/21/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27505316 32257393                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/29/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CO        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20356330 32067752                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/07/2024 3          D          N/A        A          A          N/A        N/A                              D          D                WA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20356330 32067757                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   11/07/2024 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25585888 32125272                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/13/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Investment Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25585888 32125277                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   11/13/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20622532 32239433                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/26/2024 3          D          N/A        A          A          N/A        N/A                              D          D                GA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24941843 32156812                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/20/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MI        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20941307 32059622                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX based on the Commitment in file.                                                            Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   11/06/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20941307 32059624                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/06/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25567104 32419669                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2024-12-17): XXXXX                                                                                                                   12/17/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Investment Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25567104 32419703                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 67.79971% exceeds Guideline total debt ratio of 50.00000%.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-12-20): XXXXX                                                                                             12/20/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2024-12-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 26092830 32085645                         Compliance Compliance     Federal        TILA           Federal HELOC Ability to Repay Reliable Documentation                                                                       Truth in Lending Act (HELOC):  Borrower's ability to repay not verified with reliable documentation.                     Borrower's ability to repay not verified with reliable documentation.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2024-11-22): XXXXX                                                                                             11/22/2024                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 26092830 32085646                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2024-11-22): XXXXX                                                                                             11/22/2024                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 26092830 32085647                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2024-11-22): XXXXX                                                                                             11/22/2024                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 26092830 32085648                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2024-11-22): XXXXX                                                                                             11/22/2024                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 26092830 32085649                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2024-11-22): XXXXX                                                                                             11/22/2024                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 26092830 32085650                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.54444% is in excess of the allowable     Points and Fees on subject loan of 5.91144% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $2,660.15 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2024-11-22): XXXXX                                                                                             11/22/2024                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  D        D       A        A      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,495.00 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $410.15 or .91144%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $245.00 or .54444%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-20): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-19): XXXXX                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-14): XXXXX                                                                                                                                                                                                                                                                                               compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26092830 32085651                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-22): XXXXX                                                                                             11/22/2024                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 26092830 32085652                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.91144% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,250.00 (an overage of $410.15 or .91144%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 11/11/2024 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check D        D       A        A      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,660.15 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,250.00 (an overage of $410.15 or .91144%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26092830 32085665                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                AZ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22040238 32061023                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2024-11-19): XXXXX                                                                                             11/19/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 22040238 32061024                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/06/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22040238 32061026                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.64100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,102.50 or 1.64100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      11/06/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       C        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,602.50 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $4,102.50 or 1.64100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20197365 32086254                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,598.20 or 1.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      11/11/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,998.20 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $3,598.20 or 1.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20197365 32086277                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                                                                                                                                                Invalid Exception                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               11/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20197365 32086335                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27523226 32239617                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2024-12-03): XXXXX                                                                                             12/03/2024                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27523226 32239638                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   11/26/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29899764 32060369                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                                                                                                                                           The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2024-11-20): XXXXX                                                                                             11/20/2024                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX  declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 29899764 32060658                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/06/2024 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29899764 32060727                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 51.79748% exceeds Guideline total debt ratio of 50.00000%                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2024-11-29): XXXXX                                                                                             11/29/2024                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2024-11-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 26947198 32161863                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/21/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NY        Investment Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26875881 32234987                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/26/2024 3          D          N/A        A          A          N/A        N/A                              D          D                LA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26773045 32272449                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.             Disaster Name: ___                                                                                                       The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2024-12-03): XXXXX                                                                                                                   12/03/2024 2          C          B          C          B          C          B          C          B          C          B                NC        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-03): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 26773045 32272455                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/02/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NC        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22102858 32729931                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-31): XXXXX                                                                                                                   01/31/2025 3          D          N/A        A          A          N/A        N/A                              D          D                VA        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22102858 32731737                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $178,358.8 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-02-03): XXXXX                                                                                             02/03/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     D        D       C        A      A          A          D        D                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 26739392 32272567                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/02/2024 3          D          N/A        A          A          N/A        N/A                              D          D                FL        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22988911 32161096                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.38371% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,341.05 or .38371%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       11/21/2024 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check D        D       A        B      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,826.05 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,485.00 (an overage of $1,341.05 or .38371%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22988911 32161104                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/21/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NY        Primary    Refinance                     D        D       A        B      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22988911 32269013                         Credit     Credit         Credit         Guideline      Aged document: Credit Report  is more than 90 days prior to the note date.                                                  -                                                                                                                        Credit report date is 122 days old at closing.                                                                                                                       Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2024-12-11): XXXXX                                                                                                                   12/11/2024 2                     B                     B                     B                     B                     B                NY        Primary    Refinance                     D        D       A        B      B          B          D        D                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-12-02): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC            Seller Comment (2024-11-29): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-11-29): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-11-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 26946471 33003444                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/12/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23193112 32257317                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/29/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24699661 32428023                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    LTV and CLTV does not match with provided approval and 1008.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2024-12-23): XXXXX                                                                                             12/23/2024                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24699661 32428051                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.85850% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,717.00 or .85850%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       12/19/2024 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance  LOE, copy of check D        D       C        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,717.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $1,717.00 or .85850%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24699661 32428194                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2024-12-19): XXXXX                                                                                                                   12/19/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NJ        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22971258 32281291                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.91190% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,869.39 or .91190%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       12/03/2024 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance  LOE, copy of check D        D       C        B      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,019.39 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,150.00 (an overage of $1,869.39 or .91190%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22971258 32281298                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/03/2024 3          D          N/A        A          A          N/A        N/A                              D          D                SC        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22971258 32282866                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   12/03/2024 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22971258 32282867                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 28133758 32156996                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.14743% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $516.00 or .14743%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         11/20/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       B        B      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,016.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $516.00 or .14743%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28133758 32157010                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/20/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       B        B      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28133758 32157016                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   11/20/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      B          B          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24182258 32274823                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/02/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NY        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23689323 32438790                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-01-06): XXXXX                                                                                             01/06/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23689323 32438876                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   12/20/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23689323 32438878                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/20/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27236399 32498295                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/31/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27236399 32498369                         Credit     Income /       Income         Income /       The verification of employment is required and was not found in file.                                                       -                                                                                                                        The verification of employment is required and was not found in file.                                                                                                Borrower has owned the subject property for at least 5 years.                                                             22 years in primary                                                                                                                                   Aggregator,SitusAMC Reviewer Comment (2025-01-16): XXXXX                                                                                                                   01/16/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                         70% CLTV.                                                                                                                                             Aggregator,SitusAMC                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-01-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-01-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 27236399 32498370                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        The verification of employment is required and was not found in file.                                                                                                The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                         70% CLTV.                                                                                                                                             Aggregator,SitusAMC Reviewer Comment (2025-01-16): XXXXX                                                                                                                   01/16/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                             22 years in primary                                                                                                                                   Aggregator,SitusAMC                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-01-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-01-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 27236399 32646996                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.             Disaster Name: ___                                                                                                       The subject property is located in a FEMA disaster area that does not have a declared end date. Provide a post-disaster inspection verifying there was no damage.    Borrower has been employed in the same industry for more than 5 years.                                                    22 years in primary                                                                                                                                   SitusAMC            Reviewer Comment (2025-02-04): XXXXX                                                                                                                   02/04/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                             70% CLTV.                                                                                                                                             Aggregator,SitusAMC                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-03): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-02-03): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               Aggregator,SitusAMC
[redacted] [redacted] [redacted] [redacted] 27945330 32156552                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/20/2024 3          D          N/A        A          A          N/A        N/A                              D          D                NJ        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23322853 32428152                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        12/19/2024 3          D          N/A        A          A          N/A        N/A                              D          D                IN        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28013325 32168504                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     11/22/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28228632 32287281                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     Required Statement was not provided to purchaser or assignee for loan that was sold or assigned.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287282                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287283                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287284                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287285                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.05000% is in excess of the allowable     Points and Fees on subject loan of 5.05000% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $12,625.00 on a                                                                                                                                                                                                                                                                                                       Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  (1) Signed letter  D        D       B        B      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $12,625.00 on a Federal Total Loan Amount of   Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $125.00 or .05000%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $125.00 or .05000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28228632 32287286                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287287                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.05000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $5,125.00 or 2.05000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      12/04/2024 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check D        D       B        B      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,625.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $5,125.00 or 2.05000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28228632 32287289                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (High Cost Disclosure Not Provided)                                          XXXXX Covered Loan: Required high-cost disclosure terms not provided to borrower.                                        Required high-cost disclosure terms not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    D        D       B        B      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287290                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (Mortgage Loan Origination Disclosure Statement Not Provided)                XXXXX Covered Loan: Borrower not provided with mortgage loan origination disclosure statement in accordance with         Borrower not provided with mortgage loan origination disclosure statement in accordance with division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    D        D       B        B      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287291                         Compliance Compliance     State          State Defect   (State High Cost) Ohio Covered Loan (Points and Fees)                                                                       XXXXX Anti-Predatory Lending Act: Points and Fees on subject loan of 5.05000% is in excess of the allowable maximum of   Points and Fees on subject loan of 5.05000% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $12,625.00 on a Total                                                                                                                                                                                                                                                                                                      Reviewer Comment (2024-12-05): XXXXX                                                                                             12/05/2024                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    D        D       B        B      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $12,625.00 on a Total Loan Amount of $XXXXX vs. an allowable    Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $125.00 or .05000%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $125.00 or .05000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2024-12-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28228632 32287292                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/04/2024 3          D          N/A        A          A          N/A        N/A                              D          D                OH        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28228632 32287299                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   12/04/2024 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     D        D       B        B      C          B          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24832653 32293637                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $31.50 or .00900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          12/05/2024 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,531.50 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $31.50 or .00900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24832653 32293648                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/05/2024 3          D          N/A        A          A          N/A        N/A                              D          D                AZ        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23873348 32331670                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/11/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26459248 32281042                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/03/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MI        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22852244 32900658                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.82553% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $389.66 or 4.82553%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/24/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check D        D       B        B      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,434.66 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $389.66 or 4.82553%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22852244 32900672                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 3          D          N/A        A          A          N/A        N/A                              D          D                WA        Primary    Refinance                     D        D       B        B      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 22852244 32900679                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/24/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     D        D       B        B      B          B          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20958686 32550486                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     01/07/2025 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20958686 32550500                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   01/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20958686 32550530                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 60.20561% exceeds Guideline total debt ratio of 50.00000%. File is misisng evidence of the Senior Lien actual P&I                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-02-26): XXXXX                                                                                             02/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        B      A          A          D        D                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      payment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-02-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-01-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-01-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-01-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 21658261 32366967                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/16/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CT        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20728169 32729876                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-30): XXXXX                                                                                                                   01/30/2025 3          D          N/A        A          A          N/A        N/A                              D          D                MO        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24480094 32945877                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.66278% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $994.17 or 0.66278%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/04/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,494.17 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $994.17 or .66278%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24480094 32947399                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-04): XXXXX                                                                                                                   03/04/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MD        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21041167 32352717                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   12/13/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21041167 32352722                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/13/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26407202 32437596                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/20/2024 3          D          N/A        A          A          N/A        N/A                              D          D                GA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21877554 33131315                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.64958% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $418.60 or 4.64958%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/31/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,463.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $418.60 or 4.64958%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24200155 32426914                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/19/2024 3          D          N/A        A          A          N/A        N/A                              D          D                AZ        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28930759 32502660                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.45440% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $807.66 or 4.45440%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        12/31/2024 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance  LOE, copy of check D        D       A        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $3914.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,721.66 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $3,914.00 and $3914.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $807.66 or 4.45440%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28930759 32502671                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/31/2024 3          D          N/A        A          A          N/A        N/A                              D          D                MA        Primary    Refinance                     D        D       A        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21938712 32841290                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-14): XXXXX                                                                                                                   02/14/2025 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21938712 32841356                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              02/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21938712 32841357                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.25083% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $464.04 or .25083%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         02/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        D       C        A      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,014.04 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,550.00 (an overage of $464.04 or .25083%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21938712 32856166                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Missing loan approval.                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-02-18): XXXXX                                                                                             02/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 20382326 33153024                         Compliance Compliance     State          State HPML     (State HPML) Connecticut Non-Prime Home Loan (APR Exceeds Non-Prime Threshold)                                              XXXXX Non-Prime Home Loan: APR on subject loan of XX.XX% is equal to or greater than the threshold of APOR XX.XX% +      APR on subject loan of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + 1.5%, or XX.XX%. Non-Compliant Loan.                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  "Within 90 days of B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                1.5%, or XX.XX%.  Non-Compliant Loan.  (Note: HELOC XXXXX be exempt from Non-Prime status if none of the proceeds used                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out closing, and prior
                                                                                                                                                                                                                                                                          at closing were for the purchase of the borrower's primary residence).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    to the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX                                                                                                                                                                                                                                                                                               commencement of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             any action against
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a lender, the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notified of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violation and the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender makes
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             restitution by
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) making the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             nonprime home loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             comply with the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             applicable
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provisions of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             law; or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) changing the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             terms of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mortgage in a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             manner beneficial
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to the borrower so
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             that the mortgage
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             will no longer be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             considered a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             nonprime home
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan;

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Provide: Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either:  For
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option (a), proof
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             of cure for each
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             of the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or For option (b),
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             OR

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Narrow Defense -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             CHD Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  The
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender is able to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             show by a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             preponderance of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             evidence (no
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             timeframe noted)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliance failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             was not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             intentional and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             resulted from a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             bona fide error
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notwithstanding
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the maintenance of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             reasonably adapted
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to avoid such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors.  Provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Attestation to AMC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             attesting (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure was not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             intentional and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             was a bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notwithstanding
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place to prevent
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             such loans from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             being made and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) the lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has not received
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             any notice from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the Non-Prime
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Home Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (3) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             delivery.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             OR

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             The lender and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower otherwise
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             reach a mutual
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             agreement on an
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate remedy
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or curative
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             action."
[redacted] [redacted] [redacted] [redacted] 20382326 33153025                         Compliance Compliance     State          State HPML     (State HPML Provision) Connecticut Non-Prime Home Loan (Escrow Not Established)                                             XXXXX Non-Prime Home Loan (HB5577): Escrow Account not established on first lien mortgage for payment of taxes and       Escrow Account not established on first lien mortgage for payment of taxes and insurance.                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  See any available  B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                insurance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Connecticut Non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Prime Home Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 20382326 33153026                         Compliance Compliance     State          State HPML     (State HPML Disclosure) Connecticut Non-Prime Home Loan (First Mortgage Disclosure Not Provided)                            XXXXX Non-Prime Home Loan (HB5577): Borrower not provided First Mortgage Disclosure generally describing the terms of    Borrower not provided First Mortgage Disclosure generally describing the terms of the transaction.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  See any available  B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                the transaction.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Connecticut Non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Prime Home Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 20382326 33153031                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/03/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CT        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21816084 32908772                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,700.00 or 2.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       02/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,250.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,550.00 (an overage of $3,700.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21816084 32908787                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                                                                                                                                           The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29778816 33153848                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.79900% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $754.00 or 4.79900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/03/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,799.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $754.00 or 4.79900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25351014 32483296                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   12/27/2024 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25351014 32483299                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     12/27/2024 3          D          N/A        A          A          N/A        N/A                              D          D                CA        Primary    Refinance                     D        D       B        B      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26378113 32992794                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Approval not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                TN        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 26378113 32992839                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.38928% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $795.16 or .38928%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/11/2025 2          B          B          B          B          B          B          B          B          B          B                TN        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,923.11 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,127.95 (an overage of $795.16 or .38928%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26378113 33005839                         Credit     Property -     Appraisal      Property -     Subject Property  is greater than 10 acres.                                                                                                                                                                                                          Properties with more than 10 acres are ineligible. Property is 11.78 acres. Lender exception provided in file.                                                       Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-18): XXXXX                                                                                                                   03/18/2025 2          C          B          C          B          C          B          C          B          C          B                TN        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-10): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 26086042 32627720                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-15): XXXXX                                                                                                                   01/15/2025 3          D          N/A        A          A          N/A        N/A                              D          D                WA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26440592 32978233                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.23460% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,851.90 or 1.23460%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/07/2025 2          B          B          B          B          B          B          B          B          B          B                DC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,351.90 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,851.90 or 1.23460%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20450959 33015526                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Approval in file reflects appraised value of $356,961, however neither AVM in file reflects that amount. Please provide final approval with correct appraised value                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                            or valuation that matches the approval.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 25666808 32817146                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                             Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___                   Calculated high loan to value percentage of 73.33826% exceeds Guideline high loan to value percentage of 70.00000%                                                   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-02): XXXXX                                                                                                                   04/02/2025 2          C          B          C          B          C          B          C          B          C          B                NJ        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 25666808 32817147                         Credit     Credit         AUS            Guideline      Guideline Requirement: Combined loan to value discrepancy.                                                                  Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___.          Calculated combined loan to value percentage of 73.33826% exceeds Guideline combined loan to value percentage of 70.00000%.                                          Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-02): XXXXX                                                                                                                   04/02/2025 2          C          B          C          B          C          B          C          B          C          B                NJ        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 25666808 32835109                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Approval in file reflects appraised value of $526,000, however AVM reflects value of $502,056.00 and second AVM reflects value of $483,418.00. Please provide final                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                            approval with correct appraised value or valuation that matches the approval.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 23722303 32988189                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/10/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23568122 33193960                         Credit     Loan Package   Application /  Loan Package   Mismatch of data related to Occupancy.                                                                                      -                                                                                                                        As per final 1003, loan information section, occupancy type is second home however, declaration section Will you occupy the property as your primary residence? it                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Second     Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       has been updated as Yes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23568122 33199443                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - High Cost as Primary                                                                               The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their primary residence.                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Second     Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Second Home). If tested as primary                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Home       - Cash-out
                                                                                                                               (other than                                                                                                                                residence, loan exceeds one or more high cost thresholds.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23568122 33199456                         Credit     Loan Package   Closing /      Missing        Missing Document: Rider - Second Home not provided                                                                                                                                                                                                   Second home rider document not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Second     Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Documentation  Title          Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23568122 33199459                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MD        Second     Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28874859 32951006                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99980% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $54.84 or 4.99980%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/04/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,099.84 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $54.84 or 4.99980%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28874859 32951014                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-06): XXXXX                                                                                             03/06/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 28874859 32951071                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        Verification(s) of employment is not within 10 business days of the Note.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-06): XXXXX                                                                                             03/06/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 28874859 32991029                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1                     A                     A                     A                     A                     A                FL        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22991496 32925769                         Compliance Compliance     State          State Defect   (State High Cost) New Jersey High-Cost Loan (Points and Fees)                                                               XXXXX Home Ownership Security Act: Points and Fees on subject loan of 4.56184% is in excess of the allowable maximum of  Total fees financed by lender is $1,850.08. Threshold maximum is$1,819.08.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-01): XXXXX                                                                                                        04/01/2025            2          C          B          C          B          C          B          C          B          C          B                NJ        Primary    Refinance  Within 45 days of  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                4.50000% of the Total Loan Amount. Points and Fees total $1,844.08 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out closing, provide:
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $25.00 or .06184%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other    (1) Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-28): XXXXX                                                                                                                                                                                                                                                                                             Explanation; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the covered
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-25): XXXXX                                                                                                                                                                                                                                                                                               loan threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             maximum; and (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-12): XXXXX                                                                                                                                                                                                                                                                                             (must be in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             365 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             closing, provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).  Note, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 22991496 32925825                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-27): XXXXX                                                                                                                   02/27/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22991496 32925841                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $68060.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 22991496 32926083                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Verification appraisal was delivered to borrower 3 business days prior to closing was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             02/27/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22991496 32926084                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) New Jersey High-Cost Loan (Borrower Notice Not Provided)                                       XXXXX High-Cost Loan: Notice to Borrower not provided to borrower.                                                       Evidence of borrower receipt was not found in file.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22991496 32926154                         Compliance Compliance     State          State Defect   (State High Cost Provision) New Jersey High-Cost Loan (Counseling Requirement)                                              XXXXX High-Cost Loan: Proof of counseling from HUD-approved nonprofit credit counselor not obtained.                     Evidence of borrower receipt was not found in file.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 22991496 32926155                         Compliance Compliance     State          State Defect   (State High Cost Provision) New Jersey High-Cost Loan (Financed Fees Exceeds Threshold)                                     XXXXX High-Cost Loan: Lender financed points and fees in excess of 2% of the total loan amount.                          Lender financed points and fees in excess of 2% of the total loan amount.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27156074 32791079                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        This file was missing a copy of VVOE.  As per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-02-12): XXXXX                                                                                             02/12/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 27156074 32805236                         Compliance Compliance     Federal        TILA           HELOC Balloon Statement                                                                                                     HELOC Agreement with terms providing a balloon payment does include a statement indicating that paying only the minimum  File is missing evidence of the first payment date.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-02-13): XXXXX                                                                                             02/13/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                periodic payments XXXXX not repay any of the principal or XXXXX repay less than the outstanding balance which could                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                          result in a balloon payment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 27156074 32805240                         Credit     Note           Document Error Note           Missing evidence of First Payment Date.                                                                                                                                                                                                              File is missing evidence of the first payment date.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-02-13): XXXXX                                                                                             02/13/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 27156074 32805242                         Credit     Credit         AUS            Credit         Guideline Requirement: Term discrepancy.                                                                                                                                                                                                             Waterfall exception due to missing evidence of the first payment date.                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-02-11): XXXXX                                                                                             02/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 24359618 32932961                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-26): XXXXX                                                                                                                   02/26/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IL        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26335305 32774325                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-05): XXXXX                                                                                             03/05/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          required. Missing additional W2 or WVOE.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 24212494 32958849                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/05/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24236444 32824206                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99932% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,829.04 or 1.99932%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,074.04 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,245.00 (an overage of $2,829.04 or 1.99932%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24236444 32824437                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing Mortgage document to verify additional expense of $4,657.00 for REO property XXXXX.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-02-19): XXXXX                                                                                             02/19/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 24236444 32824466                         Compliance Loan Package   Application /  Missing,       Missing Document: Missing Lender's Initial 1003                                                                                                                                                                                                      The File was missing a copy of the Lender's Initial 1003.                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          B          A          B          A          B          A          B          A          B          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Incorrect, or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                               Final or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Seller Comment (2025-03-11): XXXXX
                                                                                                                               Initial 1003

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 29405204 32933438                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.65300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,941.41 or 1.65300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       C        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,094.61 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,153.20 (an overage of $3,941.41 or 1.65300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29405204 32933468                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                  Most Recent Valuation Inspection Date: ___                                                                               The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-04): XXXXX                                                                                                                   03/04/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster End Date: ___                                                                                                   property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster Name: ___                                                                                                                                                                                                                                                                            Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                          Disaster Declaration Date: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-02-27): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 29405204 32933472                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29405204 32948099                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29405204 32974386                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-04): XXXXX                                                                                                                   03/04/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 28965929 32665710                         Credit     Missing        General        Missing        Missing Document: AVM not provided                                                                                                                                                                                                                   The required valuation is missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-01-24): XXXXX                                                                                             01/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Document                      Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 28965929 32665749                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-02-05): XXXXX                                                                                             02/05/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28965929 32665787                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-27): XXXXX                                                                                             01/27/2025                       1          D          A          D          A          D          A                     A          D          A                FL        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 28965929 32665821                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application        RESPA Disclosure Rule (Dodd-Frank XXXXX): List of Homeownership Counseling Organizations not provided to applicant       The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                01/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                within three (3) business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28965929 32702659                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-27): XXXXX                                                                                                                   01/27/2025 3                     N/A                   A                     N/A                                         D                FL        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28965929 32702673                         Credit     Credit         Miscellaneous  Credit         Kroll Second Lien Property Exception - Primary Valuation is missing                                                                                                                                                                                  The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-27): XXXXX                                                                                             01/27/2025                       1                     A                     A                     A                     A                     A                FL        Primary    Refinance                     D        D       C        A      B          B          D        D                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25160165 33401113                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99840% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $578.52 or 4.99840%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/06/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,623.52 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $578.52 or 4.99840%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24249319 33279547                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          A          A          A          A          A          A          A          A          A          A                CT        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24249319 33279550                         Compliance Compliance     State          State HPML     (State HPML) Connecticut Non-Prime Home Loan (APR Exceeds Non-Prime Threshold)                                              XXXXX Non-Prime Home Loan: APR on subject loan of XX.XX% is equal to or greater than the threshold of APOR XX.XX% +      APR on subject loan of XX.XX% is equal to or greater than the threshold of APOR XX.XX% + 1.5%, or XX.XX%.                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  "Within 90 days of B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                1.5%, or XX.XX%.  Non-Compliant Loan.  (Note: HELOC XXXXX be exempt from Non-Prime status if none of the proceeds used                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out closing, and prior
                                                                                                                                                                                                                                                                          at closing were for the purchase of the borrower's primary residence).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    to the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             commencement of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             any action against
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a lender, the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notified of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violation and the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender makes
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             restitution by
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) making the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             nonprime home loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             comply with the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             applicable
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provisions of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             law; or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) changing the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             terms of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mortgage in a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             manner beneficial
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to the borrower so
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             that the mortgage
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             will no longer be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             considered a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             nonprime home
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan;

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Provide: Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either:  For
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option (a), proof
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             of cure for each
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             of the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or For option (b),
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             OR

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Narrow Defense -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             CHD Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  The
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender is able to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             show by a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             preponderance of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             evidence (no
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             timeframe noted)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliance failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             was not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             intentional and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             resulted from a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             bona fide error
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notwithstanding
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the maintenance of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             reasonably adapted
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to avoid such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors.  Provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Attestation to AMC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             attesting (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure was not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             intentional and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             was a bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notwithstanding
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place to prevent
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             such loans from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             being made and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) the lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has not received
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             any notice from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the Non-Prime
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Home Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (3) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             delivery.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             OR

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             The lender and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower otherwise
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             reach a mutual
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             agreement on an
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate remedy
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or curative
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             action."
[redacted] [redacted] [redacted] [redacted] 24249319 33279551                         Compliance Compliance     State          State HPML     (State HPML Provision) Connecticut Non-Prime Home Loan (Escrow Not Established)                                             XXXXX Non-Prime Home Loan (HB5577): Escrow Account not established on first lien mortgage for payment of taxes and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  See any available  B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                insurance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Connecticut Non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Prime Home Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 24249319 33280355                         Compliance Compliance     State          State HPML     (State HPML Disclosure) Connecticut Non-Prime Home Loan (First Mortgage Disclosure Not Provided)                            XXXXX Non-Prime Home Loan (HB5577): Borrower not provided First Mortgage Disclosure generally describing the terms of    Fil eis mssing copy of First Mortgage Disclosure generally describing the terms of the transaction.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  See any available  B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                the transaction.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Connecticut Non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Prime Home Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 26873515 32734017                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.22400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,448.00 or 1.22400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      01/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,448.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $2,448.00 or 1.22400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26873515 32734148                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-04): XXXXX                                                                                             02/04/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 26873515 32746133                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-02-07): XXXXX                                                                                             02/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          required. Missing additional W2 or WVOE.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26873515 32746140                         Credit     Guideline      Guideline      Guideline      Borrower has been on current job less than 2 years, and prior employment history was not documented as required.            -                                                                                                                        Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-02-07): XXXXX                                                                                             02/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                              required. Missing additional W2 or WVOE.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26873515 32746141                         Credit     Guideline      Guideline      Guideline      Borrower has been on current job less than 2 years, and prior employment history was not documented as required.            -                                                                                                                        Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-05): XXXXX                                                                                             03/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                              required. Missing additional W2 or WVOE.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 29823252 32751751                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                OH        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25801660 32671797                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-22): XXXXX                                                                                                                   01/22/2025 3          D          N/A        A          A          N/A        N/A                              D          D                VA        Primary    Refinance                     D        D       A        A      A          A          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28062509 32986588                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 28062509 32986589                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          5,204.70                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                        .  Threshold maximum is $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                   5,014.89                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-11): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                   .  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold
                                                                                                                                                                                                                                                                                                                                                                                                   calculation.
[redacted] [redacted] [redacted] [redacted] 28062509 32986590                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 28062509 32986591                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.97634% is in excess of the allowable     Points and Fees exceed allowable threshold by $522.34 or .97634%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,197.34 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $522.34 or .97634%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28062509 32986592                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 28062509 32986593                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.97634% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $522.34 or .97634%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/10/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,197.34 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,675.00 (an overage of $522.34 or .97634%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28062509 32986601                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705575 32810989                         Credit     Loan Package   Application /  Loan Package   Missing Document: Missing Final 1003                                                                                                                                                                                                                 The file is missing a copy of final 1003.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-02-28): XXXXX                                                                                             02/28/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705575 32811132                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-02-20): XXXXX                                                                                             02/20/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 22308851 32920004                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-25): XXXXX                                                                                                                   02/25/2025 2          A          N/A        A          A          N/A        N/A                              A          A                SC        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22308851 32920351                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Mortgage statement is missing for  XXXXX property.                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23597004 33030530                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-14): XXXXX                                                                                                                   03/14/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28949211 33343707                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28949211 33343733                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/28/2025 2          A          N/A        A          A          N/A        N/A                              A          A                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27608734 33021760                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27608734 33027299                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24488084 32842110                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              File is missing a copy of approval, Kindly provide the approval /1008.                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-02-18): XXXXX                                                                                             02/18/2025                       1          C          A          C          A          C          A          C          A          C          A                PA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 29654691 32701508                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,205.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      01/28/2025 2          B          B          B          B          B          B          B          B          B          B                NH        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29654691 32701511                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-01-31): XXXXX                                                                                             01/31/2025                       1          D          A          A          A          N/A        A                     A          D          A                NH        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-01-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 26176897 32933647                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          A          A          A          A          A          A          A          A          A          A                MD        Primary    Refinance                     A        B       A        B      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 26176897 32998011                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC            Reviewer Comment (2025-03-07): XXXXX                                                                                                                   03/07/2025 2                     B                     B                     B                     B                     B                MD        Primary    Refinance                     A        B       A        B      A          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28000249 32959678                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              The file was missing a copy of the Approval document.                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-03-06): XXXXX                                                                                             03/06/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 29993950 33134055                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/31/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IL        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23719294 32789933                         Compliance Compliance     State          State Defect   (State High Cost Provision) New Jersey High-Cost Loan (Financed Fees Exceeds Threshold)                                     XXXXX High-Cost Loan: Lender financed points and fees in excess of 2% of the total loan amount.                          Lender financed points and fees in excess of 2% of the total loan amount.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23719294 32789934                         Compliance Compliance     State          State Defect   (State High Cost) New Jersey High-Cost Loan (Points and Fees)                                                               XXXXX Home Ownership Security Act: Points and Fees on subject loan of 6.00168% is in excess of the allowable maximum of  Points and Fees on subject loan of 6.10218% is in excess of the allowable maximum of 6.00000% of the Total Loan Amount. Points and Fees total $1,821.44 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-04): XXXXX                                                                                                        03/04/2025            2          C          B          C          B          C          B          C          B          C          B                NJ        Primary    Refinance  Within 45 days of  D        D       A        A      C          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                6.00000% of the Total Loan Amount. Points and Fees total $1,791.44 on a Total Loan Amount of $XXXXX vs. an allowable     Loan Amount of $XXXXX vs. an allowable total of $1,790.94                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out closing, provide:
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $0.50 or .00168%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other    (1) Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-03): XXXXX                                                                                                                                                                                                                                                                                               Explanation; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the covered
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX                                                                                                                                                                                                                                                                                               loan threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             maximum; and (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-26): XXXXX                                                                                                                                                                                                                                                                                               (must be in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-24): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-18): XXXXX                                                                                                                                                                                                                                                                                               Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-18): XXXXX                                                                                                                                                                                                                                                                                             365 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             closing, provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX                                                                                                                                                                                                                                                                                               from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).  Note, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 23719294 32789957                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-07): XXXXX                                                                                                                   02/07/2025 3          D          N/A        A          A          N/A        N/A                              D          D                NJ        Primary    Refinance                     D        D       A        A      C          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29498982 32733838                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                MS        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 29498982 32733848                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-02-25): XXXXX                                                                                             02/25/2025                       1          C          A          C          A          C          A          C          A          C          A                MS        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 29498982 32967140                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                                                                                                                                                                                                Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-03-04): XXXXX                                                                                                                   03/04/2025 2                     B                     B                     B                     B                     B                MS        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-03): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 25433936 32963361                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.11752% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,767.25 or 1.11752%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/05/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,196.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,428.75 (an overage of $2,767.25 or 1.11752%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25433936 32963386                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          D          A          A          A          N/A        A                     A          D          A                NM        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 25433936 32964008                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Provide Tax verification for property XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-07): XXXXX                                                                                             03/07/2025                       1          C          A          C          A          C          A          C          A          C          A                NM        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 25433936 32964031                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Provide Tax & Insurance verification for XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NM        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23727101 32918198                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.77340% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $670.64 or 4.77340%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/26/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,715.64 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $670.64 or 4.77340%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21219957 33049590                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                                                                                                                                           The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX  declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21219957 33053078                         Credit     Asset          Asset          Asset          Available for Closing is insufficient to cover Cash From Borrower.                                                                                                                                                                                   Verified liquid assets in the amount of $0  are insufficient to meet cash to close of $1,695.65.  Due to Hazard Insurance $1,273.45 paid outside of closing.                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-20): XXXXX                                                                                             03/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Calculation /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 21219957 33055983                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21494889 32817047                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.02860% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,561.21 or 1.02860%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/12/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,031.21 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,470.00 (an overage of $2,561.21 or 1.02860%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20209759 32962411                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/05/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20209759 32962426                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/05/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27827433 32730791                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   01/31/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27827433 32730799                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-02-11): XXXXX                                                                                             02/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 21365466 32957993                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-13): XXXXX                                                                                                                   03/13/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-12): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Seller Comment (2025-03-10): XXXXX
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 25188052 33019735                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 190                    Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory.                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-11): XXXXX                                                                                                                   03/11/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OK        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28636079 32818062                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   File is missing a copy of Initial Rate Lock Date document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/12/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Second     Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28636079 32818070                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-02-19): XXXXX                                                                                                                   02/19/2025 2          A          A          A          A          A          A          A          A          A          A                NC        Second     Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 28636079 32818213                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 50.97839% exceeds Guideline total debt ratio of 50.00000%.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Second     Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Home       - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-02-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 25321146 32996753                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  - ___                                                                                                                    The file was missing a copy of required tax verification for REO XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 25321146 33005916                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 25321146 33005970                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 25321146 33006065                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Approval in file reflects appraised value of $258,390, however neither AVM in file reflects that amount. Please provide final approval with correct appraised value                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                            or valuation that matches the approval.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 25149777 32926642                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $32,559.20. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25149777 32929362                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Closing Statement includes Credit Report Fee (POCB) and an additional Rate Lock Fee (POCB) that were not disclosed on the Heloc Agreement.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          A          A          A          A          A          A          A          A          A          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28782992 32934607                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26650140 33289545                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.50654% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $853.01 or .50654%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/21/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,905.01 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,052.00 (an overage of $853.01 or .50654%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22932793 32910075                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-28): XXXXX                                                                                             02/28/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 22932793 32910105                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22786818 32816704                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.49800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,565.24 or 1.49800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/12/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,705.24 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,140.00 (an overage of $3,565.24 or 1.49800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22786818 32816733                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $149,128.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-02-14): XXXXX                                                                                             02/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 22786818 32816740                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-02-20): XXXXX                                                                                             02/20/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 26541322 33005533                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                03/12/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26541322 33005534                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing                                                                                                                                                                                                                                                                                                                                                                                                                                                                 03/12/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28519292 32859737                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        The file is missing a copy of Award Letter / Continuance Letter Document.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-02-21): XXXXX                                                                                             02/21/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 28519292 32860719                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          A          A          A          A          A          A          A          A          A          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28519292 32860773                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-02-21): XXXXX                                                                                             02/21/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 22019910 33183727                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-07): XXXXX                                                                                                                   04/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22019910 33183754                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of50.28850% exceeds Guideline total debt ratio of 50.00000%. Lender's qualifying payment per 1008 is $431.11,                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      however calculated qualifying payment is $490.25.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22019910 33200447                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21902711 32789213                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Evidence of borrower receipt was not found in file.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-02-12): XXXXX                                                                                                                   02/12/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 26509780 33020613                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-13): XXXXX                                                                                                                   03/13/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NE        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23780249 33135346                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-31): XXXXX                                                                                                                   03/31/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MS        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23780249 33135378                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    Title commitment in file reflects a lien which does not match the current mortgage statement for borrower. Please provide updated title or evidence that the lien on                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          D          A          D          A          D          A          D          A          D          A                MS        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       title has been satisfied. Provide Note to verify Original loan amount and closing date for current existing lien reflected on mortgage statement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 23780249 33148815                         Credit     Credit         Credit         Guideline      Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided                                                                                                                                                           Missing mortgage payment history for first lien.                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                MS        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 22390374 32789228                         Compliance Compliance     State          State Late     XXXXX Late Charge Amount Testing                                                                                            XXXXX Late Charge: Note late charge of $46.35 exceeds state maximum of  $25.50.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-02-12): XXXXX                                                                                                                   02/12/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22390374 32789295                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-02-20): XXXXX                                                                                             02/20/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 22390374 32808927                         Credit     Missing        General        Missing        Missing Document: AVM not provided                                                                                                                                                                                                                   XXXXX AVM was used for origination value and is not an RA approved AVM.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-02-11): XXXXX                                                                                             02/11/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Document                      Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 22390374 32827820                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-13): XXXXX                                                                                             02/13/2025                       1                     A                     A                     A                     A                     A                SC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 22390374 32827828                         Credit     Credit         Miscellaneous  Credit         Kroll Second Lien Property Exception - Primary Valuation is missing                                                                                                                                                                                  The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-13): XXXXX                                                                                             02/13/2025                       1                     A                     A                     A                     A                     A                SC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 22390374 32841456                         Property   Property -     Appraisal      Property -     Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25                                                                                                                                               Post close BPO was used for value with a post close AVM provided as supporting secondary.                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1                     A                     A                     A                     A                     A                SC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23874124 33112445                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        Verification(s) of employment is not within 10 business days of the Note.                                                                                            Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-08): XXXXX                                                                                                                   04/08/2025 2          C          B          C          B          C          B          C          B          C          B                NJ        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Buyer Comment (2025-04-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 21335132 32932289                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21335132 32932298                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                  Most Recent Valuation Inspection Date: ___                                                                               The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-04): XXXXX                                                                                                                   03/04/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster End Date: ___                                                                                                   the property must be re-inspected on or after XX/XX/XX declared end date.  Most recent inspection provided is dated XX/XX/XX .                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                          Disaster Name: ___                                                                                                                                                                                                                                                                            Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                          Disaster Declaration Date: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-02-27): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC
[redacted] [redacted] [redacted] [redacted] 21335132 32936336                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21335132 32948093                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing third party verification of existence of business within 10 calendar days of close by third party CPA, regulatory agency, applicable licensing bureau, or                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          verifying phone listing and address for borrower's business using telephone book, internet, or directory assistance required by guidelines.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21335132 32970366                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/04/2025 2                     N/A                   A                     N/A                                         A                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29102641 32963019                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.82583% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $546.00 or 3.82583%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/05/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,591.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $546.00 or 3.82583%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29102641 32963032                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27510624 33094367                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.86410% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $133.26 or 4.86410%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/25/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,178.26 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $133.26 or 4.86410%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27510624 33094384                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 20724743 33003394                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 83.05306% exceeds Guideline total debt ratio of 50.00000%. Missing evidence that the student loans are on an IDR                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      plan with $0 payment per 1008.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20386795 32962540                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/05/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27561736 32969551                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 27534311 32847924                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-27): XXXXX                                                                                             02/27/2025                       1          D          A          A          A          N/A        A                     A          D          A                AZ        Second     Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 27534311 32963264                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Discrepancy is due to XXXXX with a balance of $3177, no payment s report and account was not paid off. Review used a 5% estimated payment to calculate DTI.                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1                     A                     A                     A                     A                     A                AZ        Second     Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Home       - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-31): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23176842 32900949                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-28): XXXXX                                                                                             02/28/2025                       1          D          A          A          A          N/A        A                     A          D          A                MT        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27549963 33002919                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 22621418 32817309                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,480.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,200.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $6,720.00 (an overage of $4,480.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21407642 32927742                         Compliance Compliance     State          Misc. State    Washington Residential Mortgage Loan (Disclosure of Material Terms Not Provided Timely)                                     XXXXX HB 2770: Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower       Mortgage loan file does not contain a disclosure summary of all material terms provided to borrower within three (3) business days of receipt of the loan                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                      within three (3) business days of  receipt of the loan application.                                                      application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21407642 32936691                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing VVOE or Paystub dated within 10 business days of close, OR Verification of existence of business within 10 calendar days of close by third party CPA,                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-28): XXXXX                                                                                             02/28/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   assistance required by guidelines.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 29382989 33246824                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.52805% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $326.92 or 4.52805%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/16/2025 2          B          B          B          B          B          B          B          B          B          B                HI        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,371.92 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $326.92 or 4.52805%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29382989 33289068                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                HI        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 29382989 33289080                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Approval in file reflects appraised value of $776,292, however neither AVM in file reflects that amount. Please provide final approval with correct appraised value                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                HI        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                            or valuation that matches the approval.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 29382989 33289082                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                HI        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20650696 33009881                         Compliance Compliance     State          Misc. State    XXXXX Tangible Net Benefit Disclosure                                                                                       XXXXX Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the    The file was missing a copy of the Tangible Net Benefit Disclosure .                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-20): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                      Borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22179327 32910627                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 22179327 32910878                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 23853131 33148345                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.72230% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,264.02 or .72230%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,514.02 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $1,264.02 or .72230%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20945253 32909691                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $1,205.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            02/25/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20945253 32911635                         Credit     Asset          Asset          Asset          Available for Closing is insufficient to cover Cash From Borrower.                                                                                                                                                                                   Verified liquid assets in the amount of $0 are insufficient to meet cash to close of $400.45.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Calculation /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20036239 32926481                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20036239 32926482                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 20036239 32926483                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20036239 32926484                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.95364% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $842.41 or 1.95364%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/27/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,998.41 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,156.00 (an overage of $842.41 or 1.95364%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20036239 32926488                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 20036239 32926736                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,998.41.  Threshold maximum is $2,156.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20036239 32926737                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.95364% is in excess of the allowable     Total fees financed by lender is $$2,998.41.  Threshold maximum is $2,156.00.                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,998.41 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $842.41 or 1.95364%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25747831 33004143                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/12/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25598831 32932096                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-05): XXXXX                                                                                             03/05/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 25598831 32932099                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22175470 32968851                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/06/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29550362 32918639                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.31680% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,545.26 or 4.31680%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/26/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,590.26 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,545.26 or 4.31680%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29550362 32918650                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 20913855 32913052                         Credit     Guideline      Guideline      Guideline      Life Rate Floor and/or Cap is ineligible per guidelines.                                                                                                                                                                                             Per guidelines floor can be no less than 4%. HELOC reflects floor is 2.25%                                                                                           The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC            Reviewer Comment (2025-03-04): XXXXX                                                                                                                   03/04/2025 2                     B                     B                     B                     B                     B                AZ        Primary    Refinance                     A        B       A        B      A          A          A        A                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Buyer Comment (2025-03-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26543255 33288155                         Credit     Insurance      Insurance      Insurance      Hazard Insurance Policy expires within 90 days of the Note Date.                                                            Hazard Insurance Policy Expiration Date ___, Note Date ___                                                               The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-22): XXXXX                                                                                                                   04/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26543255 33288161                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/21/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25266030 33002202                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 25266030 33979524                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-22): XXXXX                                                                                                                   07/22/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22578135 33002192                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/12/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20792426 33275969                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of XXX% is in excess of the investor allowable maximum   XXXXX Points and Fees exceed allowable threshold by $4,136.09 or XXX%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,161.09 on a Federal Total Loan Amount of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an investor allowable total of $XXX (an overage of $4,136.09 or XXX%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20792426 33275973                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25328981 32901982                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of XXX% is in excess of the investor allowable maximum   XXXXX Points and Fees exceed allowable threshold by $601.50 or XXX%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            02/24/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of the greater of .00000% of the Federal Total Loan Amount and XXX  (XXXXX). Points and Fees total $XXX on a Federal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out and proof of
                                                                                                                                                                                                                                                                          Total Loan Amount of $XXXXX vs. an investor allowable total of $XXX  (XXXXX) (an overage of $601.50 or XXX%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25328981 32902024                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 24354756 32932974                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $455.00 or 4.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/28/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,500.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $455.00 or 4.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21055961 32908839                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-03): XXXXX                                                                                             03/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                MI        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 29510062 33102625                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/26/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23982835 32933061                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 22783947 33004922                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-11): XXXXX                                                                                                                   03/11/2025 2          A          N/A        A          A          N/A        N/A                              A          A                TN        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20239957 33496978                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.85760% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $2,563.49 or 1.85760%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/23/2025 2          B          B          B          B          B          B          B          B          B          B                RI        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $9,463.49 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $2,563.49 or 1.85760%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28538785 32993477                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.02178% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,112.93 or 4.02178%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/11/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,157.93 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,112.93 or 4.02178%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28538785 32993479                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28538785 32993522                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/11/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28538785 33143467                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing third party verification of ride sharing self employment within 10 calendar days of close.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1                     A                     A                     A                     A                     A                IL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 26594852 33287420                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/21/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26594852 33287421                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/21/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24958923 32969861                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          D          A          A          A          N/A        A                     A          D          A                KY        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24958923 32969883                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                KY        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 21398374 33022747                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Investor's qualifying P&I: $1,664.06 Lender's qualifying P&I: $2,253.18 due to this there is a variance in DTI which exceeds the guideline total debt ratio of 50%.                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23272115 32934338                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible valuation was provided. Sec ID: 179                                                                                                                                                                           The file is missing a copy of the secondary valuation required for Securitization purpose.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          D          A          D          A          D          A                     A          D          A                IN        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 23272115 32944419                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              02/28/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23272115 32969303                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 187               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for Securitization purpose.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-04): XXXXX                                                                                                                   03/04/2025 2                     N/A                   A                     N/A                                         A                IN        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25272769 32926421                         Compliance Compliance     State          State Defect   (State High Cost Provision) Georgia High-Cost Loan (Counseling Requirement)                                                 XXXXX High-Cost Loan: No evidence that borrower received counseling on the advisability of the loan transaction.         No evidence that borrower received counseling on the advisability of the loan transaction.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance  See any available  C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Georgia High Cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Loan threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 25272769 32926422                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Georgia High-Cost Loan  (Fair Lending Notice Not on Note and/or Security Instrument)           XXXXX High-Cost Loan:  Required GFLA Notice is not displayed on all documents that create a debt or pledge property as   Required GFLA Notice is not displayed on all documents that create a debt or pledge property as collateral.                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance  See any available  C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                collateral.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Georgia High Cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Loan threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 25272769 32926423                         Compliance Compliance     State          State Defect   (State High Cost) Georgia High-Cost Loan (Points and Fees)                                                                  XXXXX Fair Lending Act: Points and Fees on subject loan of 5.01161% is in excess of the allowable maximum of  5.00000%   Points and Fees on subject loan of 5.01161% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $2,201.00 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance  Within 90 days of  C        A       A        A      C          A          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of the Total Loan Amount. Points and Fees total $2,201.00 on a Total Loan Amount of $XXXXX vs. an allowable total of     Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $5.10 or .01161%). Non-Compliant High-Cost Loans.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out loan closing and
                                                                                                                                                                                                                                                                          $XXXXX (an overage of $5.10 or .01161%).  Non-Compliant High-Cost Loans.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    prior to receiving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower: (a)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             offer restitution
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             adjustments; or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) to correct
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure related to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             financing of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             insurance, make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             restitution by
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             returning premiums
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             paid plus interest
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             charged on the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             premiums upon
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             receipt of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             90 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).  Note, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 27431349 32993672                         Compliance Compliance     State          State Defect   (State High Cost) North Carolina High-Cost Loan (Points and Fees)                                                           XXXXX Anti-Predatory Lending Law: Points and Fees on subject loan of 5.21879% is in excess of the allowable maximum of                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  Within 30 days of  C        B       B        B      C          A          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $3,653.15 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out loan closing and
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $153.15 or .21879%).  Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    prior to receiving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Attestation of no
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Signed letter from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)   Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             60 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure;  (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             signed borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice letter to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either (a) accept
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan non-high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or (b) keep loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             as high-cost and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant;  (5) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(a) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, copy of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund check and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (must be in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (6) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(b) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure for each of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations.  Note,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 27431349 32993691                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The fie is missing a copy of the valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                03/11/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NC        Primary    Refinance                     C        B       B        B      C          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27431349 32993696                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/11/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     C        B       B        B      C          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20304573 33027990                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26640050 32942537                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.18790% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $980.48 or 4.18790%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/03/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,025.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $980.48 or 4.18790%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27133992 33081978                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99976% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,454.74 or 4.99976%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/21/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,499.74 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,454.74 or 4.99976%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27133992 33081996                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 25357726 33200691                         Credit     Loan Package   Application /  Missing        Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided                                                                                                                                                               Approval in file reflects appraised value of $553,129, however neither AVM in file reflects that amount. Please provide final approval with correct appraised value                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                            or valuation that matches the approval.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21391638 33002331                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        The file is missing a copy of Award Letter / Continuance Letter Document.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                MI        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 26297598 33038078                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,153.76 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,198.76 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,153.76 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26297598 33038087                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24062253 32988040                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Tax certificate is missing for REO property XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-21): XXXXX                                                                                             03/21/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 24062253 32988096                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/10/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20748694 32911330                         Compliance Compliance     State          Misc. State    Minnesota Residential Mortgage Originator and Servicer Licensing Act (Counseling Requirement)                               XXXXX Residential Mortgage Originator and Servicer Licensing Act: Refinance of a "special mortgage" without evidence     Refinance of a "special mortgage" without evidence that borrower received counseling on advisability of transaction by an authorized independent loan counselor.                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                      that borrower received counseling on advisability of transaction by an authorized independent loan counselor.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 20748694 32911354                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/25/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20332019 33259663                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-14): XXXXX                                                                                                                   04/14/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AK        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21987737 32809459                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                             Full appraisal including interior and exterior photos is missing and is required for loan amounts >$250,000.                                                         Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-03-12): XXXXX                                                                                                                   03/12/2025 2          D          B          D          B          D          B          D          B          D          B                GA        Primary    Refinance                     D        B       D        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-02-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 21987737 33024405                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                             Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___                   Calculated high loan to value percentage of 79.32999% exceeds Guideline high loan to value percentage of 75.00000%                                                   Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-03-12): XXXXX                                                                                                                   03/12/2025 2                     B                     B                     B                     B                     B                GA        Primary    Refinance                     D        B       D        B      A          A          A        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                              The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24774015 32969470                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,947.00 or 5.99200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/06/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,992.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,947.00 or 5.99200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24774015 32969511                         Compliance Compliance     State          Misc. State    Colorado Home Loan (Tangible Net Benefit Disclosure Not Signed)                                                             XXXXX Home Loan (HB1322):  Tangible Net Benefit Disclosure (or similar document) not signed by borrower(s).              Tangible Net Benefit Disclosure (or similar document) not signed by borrower(s).                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          B          A          B          A          B          A          B          A          B          A                CO        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 24774015 32984065                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Bank statements provided do not clearly define the alimony received and used to qualify. Provide clear paper trail to use the income.                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22622589 32934917                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.78600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,521.83 or1.78600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       02/28/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       C        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,757.83 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,236.00 (an overage of $2,521.83 or 1.78600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22622589 32934937                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 22622589 32934948                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22622589 33210263                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                             Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___                   Calculated high loan to value percentage of 73.12997% exceeds Guideline high loan to value percentage of 70.00000%                                                   Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-08): XXXXX                                                                                                                   04/08/2025 2                     B                     B                     B                     B                     B                FL        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 22622589 33210264                         Credit     Credit         AUS            Guideline      Guideline Requirement: Combined loan to value discrepancy.                                                                  Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___.          Calculated combined loan to value percentage of 73.12997% exceeds Guideline combined loan to value percentage of 70.00000%.                                          Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-08): XXXXX                                                                                                                   04/08/2025 2                     B                     B                     B                     B                     B                FL        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 27412000 32919882                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          A          A          A          A          A          A          A          A          A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27412000 32919883                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate lock is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           02/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27412000 32919899                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-26): XXXXX                                                                                                                   02/26/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21157551 32909436                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Last Date Rate Set and Initial Rate Lock Date not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     02/25/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21157551 32909451                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     02/25/2025 2          A          N/A        A          A          N/A        N/A                              A          A                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28178176 32934671                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.61780% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,640.05 or 1.61780%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/28/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,390.05 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $6,750.00 (an overage of $3,640.05 or 1.61780%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27798344 33342739                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 27798344 33342740                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $8,224.00.  Threshold maximum is $7,100.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 27798344 33342741                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 27798344 33342742                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.79155% is in excess of the allowable     Total fees financed by lender is $8,224.00.  Threshold maximum is $7,100.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $8,224.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,124.00 or .79155%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27798344 33342743                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 27798344 33342744                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.79155% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,964.00 or 2.79155%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,224.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,260.00 (an overage of $3,964.00 or 2.79155%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24244448 33102897                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                             The file is missing a copy of Appraisal/AVM valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          D          A          D          A          D          A          D          A                MD        Investment Refinance                     D        A       D        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 24244448 33102943                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   Loan is to be securitized. File is missing a copy of primary appraisal.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          D          A          D          A          D          A                     A          D          A                MD        Investment Refinance                     D        A       D        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 24244448 33149841                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1                     A                     A                     A                     A                     A                MD        Investment Refinance                     D        A       D        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24244448 33149849                         Credit     Credit         Miscellaneous  Credit         Kroll Second Lien Property Exception - Primary Valuation is missing                                                                                                                                                                                  The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1                     A                     A                     A                     A                     A                MD        Investment Refinance                     D        A       D        A      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 26928044 32951505                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.55500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,887.50 or 1.55500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,387.50 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $3,887.50 or 1.55500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28663516 33501694                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.64500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,290.00 or 1.64500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/23/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,290.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $3,290.00 or 1.64500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24647591 33176665                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $$359,956.00 Provide updated policy reflecting minimum coverage of  $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24970134 32900861                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              02/24/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24970134 32900862                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              02/24/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24970134 32902409                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Evidence of borrower receipt was not found in file.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-02-27): XXXXX                                                                                                                   02/27/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24970134 32998849                         Credit     Guideline      Guideline      Guideline      Life Rate Floor and/or Cap is ineligible per guidelines.                                                                                                                                                                                             Per guidelines floor can be no less than 4%. HELOC reflects floor is 2.375%.                                                                                         Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-03-18): XXXXX                                                                                                                   03/18/2025 2                     B                     B                     B                     B                     B                OH        Primary    Refinance                     B        B       A        B      B          B          A        A                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28034049 33080824                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/21/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29077564 32920719                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.37801% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $347.39  or 0.37801%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       02/26/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $4,942.39 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $347.39 or .37801%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24418132 32925971                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24418132 32925973                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided)                                              XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure.                                 Borrower not provided Right Not To Close Disclosure.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-05): XXXXX                                                                                                                   03/05/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21083925 32925652                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.03289% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $736.25 or 5.03289%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/27/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Second     Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Home       - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,781.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $736.25 or 5.03289%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20296359 32987266                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.72253% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $494.93 or .72253%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $3,919.93 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $494.93 or .72253%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23177129 32960166                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.05067% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $76.00 or .05067%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          03/05/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,576.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $76.00 or .05067%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23177129 32960201                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27549388 33143809                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVMs are dated XX/XX/XX and XX/XX/XX with a Note date of XX/XX/XX.                                                                                                   Borrower has owned the subject property for at least 5 years.                                                             19 years in home                                                                                                                                      Aggregator,SitusAMC Reviewer Comment (2025-03-28): XXXXX                                                                                                                   03/28/2025 2                     B                     B                     B                     B                     B                IL        Primary    Refinance                     A        B       A        B      A          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                           18 yrs on job                                                                                                                                         Aggregator,SitusAMC                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 26931391 33180977                         Property   Property -     Appraisal      Property -     Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided.                                      -                                                                                                                        The file was missing a copy of the 442.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                WV        Primary    Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 26931391 33180983                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 190                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-07): XXXXX                                                                                                                   04/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                WV        Primary    Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26931391 33182653                         Credit     Credit         Miscellaneous  Credit         Kroll Second Lien Property Exception - Primary Valuation with defect                                                                                                                                                                                 The file was missing a copy of the 442.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          A          A          A          A          C          A          A          A          A          A                WV        Primary    Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 26685699 32900809                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/24/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        B       A        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26685699 32998869                         Credit     Guideline      Guideline      Guideline      Life Rate Floor and/or Cap is ineligible per guidelines.                                                                                                                                                                                             Per guidelines floor can be no less than 4%. HELOC reflects floor is 2.375%.                                                                                         Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-18): XXXXX                                                                                                                   03/18/2025 2                     B                     B                     B                     B                     B                NJ        Primary    Refinance                     A        B       A        B      A          A          A        A                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26534123 33022871                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/14/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26534123 33022872                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/14/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26534123 33023071                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $66,750.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 25222747 33002968                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. The provided CU and/or LCA                                                                                                                             Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          A          A          A          A          C          A                     A          A          A                TN        Primary    Refinance                     C        A       A        A      A          A          C        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation provide relief. Sec ID: 222                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 25222747 33074170                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/18/2025 2                     N/A                   A                     N/A                                         A                TN        Primary    Refinance                     C        A       A        A      A          A          C        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24384809 32950738                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/04/2025 2          A          N/A        A          A          N/A        N/A                              A          A                UT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24384809 32975437                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Third party business verification source document is not dated and cannot be confirmed to have been obtained in the time frame that meets guidelines.                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27714131 32985747                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 27405753 32995417                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28994877 33089376                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area. The most recent inspection is dated prior to the recent FEMA disaster. Disaster end date was XX/XX/XX.                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       Provide a post-disaster inspection report showing no damage to the property.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 21518143 32918258                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99817% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $592.88 or 3.99817%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/26/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,637.88 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $592.88 or 3.99817%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21518143 32918306                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/26/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21518143 32918356                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-06): XXXXX                                                                                             03/06/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX  declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 29707806 32986316                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.17600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $131.00 or 4.17600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/10/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,176.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $131.00 or 4.17600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29707806 32989308                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/10/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24518014 32995588                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/11/2025 2          A          N/A        A          A          N/A        N/A                              A          A                WA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24518014 32995624                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/11/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27898783 32927175                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99480% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $100.68 or 4.99480%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,145.68 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $100.68 or 4.99480%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21551650 32962648                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.59086% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,034.00 or .59086%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,284.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $1,034.00 or .59086%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27102152 32927180                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 20803847 33099123                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          D          A          A          A          N/A        A                     A          D          A                AZ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27756937 32980131                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                DE        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
[redacted] [redacted] [redacted] [redacted] 27756937 32980132                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                DE        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27756937 32980133                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                DE        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27756937 32980134                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                DE        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27756937 32980135                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of XXXX% is in excess of the allowable        Total fees financed by lender is $XXXX. Threshold maximum is $5,014.89.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                DE        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $XXX on a Federal Total Loan Amount of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out from borrower
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $XXXX or .XXXX%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27756937 32980136                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                DE        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27756937 32980137                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99951% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $549.73 or .99951%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/07/2025 2          B          B          B          B          B          B          B          B          B          B                DE        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,299.73 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,750.00 (an overage of $549.73 or .99951%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27772532 32934682                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.68284% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,050.40 or 4.68284%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/28/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,095.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,050.40 or 4.68284%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27772532 32934701                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          D          A          A          A          N/A        A                     A          D          A                MN        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 24698764 33001521                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          B          A          B          A          B          A          B          A          B          A                TN        Primary    Refinance                     B        A       A        A      B          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 28856400 32962914                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                             Per guidelines loan amounts > $250,000 require a full appraisal. Loan amount is $XXXXX..                                                                             Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-13): XXXXX                                                                                                                   03/13/2025 2          D          B          D          B          D          B          D          B          D          B                MA        Primary    Refinance                     D        B       D        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 29278749 32902399                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   02/24/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29278749 32902818                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 28069419 33176710                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-04): XXXXX                                                                                                                   04/04/2025 2          A          N/A        A          A          N/A        N/A                              A          A                KY        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25438348 33012080                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.63203% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $209.52 or 4.63203%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,254.52 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $209.52 or 4.63203%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25438348 33021495                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21655653 33173251                         Credit     Loan Package   Application /  Loan Package   Mismatch of data related to Occupancy.                                                                                      -                                                                                                                        Subject transaction is refi of Investment property. However on 1003 Declaration section 5A. Will you occupy this property as primary is marked as yes. Please                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       provide updated 1003.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 21655653 33174713                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not High Cost and Not Higher Priced                                                                The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Investment).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                               (other than                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 21655653 33192159                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM dates are greater than one month from Note date. Both AVMs are dated XX/XX/XX.                                                                                   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-08): XXXXX                                                                                                                   04/08/2025 2          C          B          C          B          C          B          C          B          C          B                VA        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Loan to Value (LTV) on the loan is less than or equal to 70%.                                                                                                                                                                                                               SitusAMC            Seller Comment (2025-04-07): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is less than or equal to 35%.                                                                                                                                                                                                                    SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score is above 680.                                                                                                                                                                                                                                     SitusAMC
[redacted] [redacted] [redacted] [redacted] 20238234 32963758                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 20238234 32963759                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,542.97.  Threshold maximum is $5,400.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 20238234 32963760                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 20238234 32963761                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.13238% is in excess of the allowable     Points and Fees exceed allowable threshold by $142.97 or  .13238%.                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,542.97 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $142.97 or .13238%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20238234 32963762                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 20238234 32963763                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.13238% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,497.97 or 5.13238%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,542.97 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,497.97 or 5.13238%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21818756 32962905                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.17400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $435.00 or .17400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,935.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $435.00 or .17400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21818756 32962985                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25107179 33435935                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           Secondary AVM provided is required to be within 30 days prior to the Note.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25107179 33436017                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 25107179 33436037                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 28384831 33001493                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     The $12,655.39 in property taxes is missing from the HELOC agreement, resulting in a discrepancy and a higher amount shown on the closing statement.                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-20): XXXXX                                                                                                                   03/20/2025 2          A          A          A          A          A          A          A          A          A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 20640140 33074535                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/20/2025 2          A          N/A        A          A          N/A        N/A                              A          A                VA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20123148 33072193                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99950% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,889.28 or 1.99950%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       B        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,224.28 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,335.00 (an overage of $2,889.28 or 1.99950%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20123148 33072200                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20123148 33072223                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27694755 32969300                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99950% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,699.33 or 1.99950%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/06/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,749.33 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,050.00 (an overage of $2,699.33 or 1.99950%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27694755 32969304                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 21731540 33003496                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 21191862 32919326                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-02-28): XXXXX                                                                                             02/28/2025                       1          D          A          A          A          N/A        A                     A          D          A                MD        Primary    Refinance                     D        B       A        A      C          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 21191862 32919436                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.94829% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,789.43 or 1.94829%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      02/26/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check D        B       A        A      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,624.43 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,835.00 (an overage of $3,789.43 or 1.94829%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21191862 32919438                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Maryland Covered Loan (Counseling Disclosure Not Provided)                                     XXXXX Covered Loan: Home Counseling Disclosure to provide home buyer education was not provided to borrower.             Home Counseling Disclosure to provide home buyer education was not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     D        B       A        A      C          B          D        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 21191862 32919439                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Maryland Covered Loan (Counseling Agencies Not Provided)                                       XXXXX Covered Loan: Home Counseling a list of county approved agencies to provide home buyer education was not provided  Home Counseling a list of county approved agencies to provide home buyer education was not provided to borrower.                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     D        B       A        A      C          B          D        A                            No
                                                                                                                Compliance                                                                                                                                                to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 21191862 32919440                         Compliance Compliance     State          State Defect   (State High Cost) Maryland Covered Loan (Points and Fees)                                                                   XXXXX Predatory Lending Law: Points and Fees on subject loan of 4.94829% is in excess of the allowable maximum of        Points and Fees on subject loan of 4.87940% is in excess of the allowable maximum of 4.00000% of the Total Loan Amount. Points and Fees total $9,490.43 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-04): XXXXX                                                                                             03/04/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance  No obvious cure    D        B       A        A      C          B          D        A                            No
                                                                                                                Compliance                                                                                                                                                4.00000% of the Total Loan Amount. Points and Fees total $9,624.43 on a Total Loan Amount of $XXXXX vs. an allowable     Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,710.43 or .87940%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $1,844.43 or .94829%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-02-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 29800405 32944005                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 21330089 33110058                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.52099% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $317.76 or 4.52099%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/27/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,362.76 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $317.76 or 4.52099%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21330089 33110082                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          D          A          A          A          N/A        A                     A          D          A                NC        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 21330089 33110101                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21330089 33110253                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 20874858 32985351                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,200.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,000.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $3,200.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20874858 32985416                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX based on the Preliminary in file.                                                           Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20874858 32985419                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/10/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23978917 33094106                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-24): XXXXX                                                                                                                   03/24/2025 2          A          N/A        A          A          N/A        N/A                              A          A                UT        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20163297 32980612                         Compliance Compliance     State          Misc. State    Nebraska Mortgage Bankers Registration and Licensing Act (Broker Notice Not Provided)                                       XXXXX Mortgage Bankers Registration and Licensing Act:  Mortgage broker has received compensation from the borrower      XXXXX Mortgage Bankers Registration and Licensing Act: Mortgage broker has received compensation from the borrower without providing a written agreement to the                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-13): XXXXX                                                                                                                   03/13/2025 2          B          B          B          B          B          B          B          B          B          B                NE        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                      without providing a written agreement to the borrower.                                                                   borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 24768873 32980339                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.72300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $678.00 or 4.72300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,723.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $678.00 or 4.72300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27062260 32992668                         Compliance Compliance     State          Misc. State    Kansas Mortgage Business Act (Prepaid Finance Charges)                                                                      XXXXX Mortgage Business Act:  Mortgage loan contains prepaid finance charges that exceed 8% of the amount financed.      Mortgage loan contains prepaid finance charges that exceed 8% of the amount financed.                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-01): XXXXX                                                                                                        04/01/2025            2          C          B          C          B          C          B          C          B          C          B                KS        Primary    Refinance  Within 60 days of  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out discovery, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    before any notice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX                                                                                                                                                                                                                                                                                               from borrower of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure, provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-24): XXXXX                                                                                                                                                                                                                                                                                             (1) Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Lender Attestation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX                                                                                                                                                                                                                                                                                               of no action
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             instituted or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written notice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-20): XXXXX                                                                                                                                                                                                                                                                                             from consumer of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the violation; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Copy of Refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX                                                                                                                                                                                                                                                                                               Check; and (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Proof of Delivery
[redacted] [redacted] [redacted] [redacted] 27062260 32992669                         Compliance Compliance     State          Misc. State    Kansas Mortgage Business Act (Prepaid Finance Charges to to Lender or Lender Affiliate)                                     XXXXX Mortgage Business Act:  Mortgage loan contains prepaid finance charges payable to the lender or lender affiliate   Mortgage loan contains prepaid finance charges payable to the lender or lender affiliate that exceed 5% of the amount financed.                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-01): XXXXX                                                                                                        04/01/2025            2          C          B          C          B          C          B          C          B          C          B                KS        Primary    Refinance  Within 60 days of  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Level                                                                                                                                      that exceed 5% of the amount financed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out discovery, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    before any notice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from borrower of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure, provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Lender Attestation
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             of no action
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             instituted or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written notice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from consumer of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the violation; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Copy of Refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Check; and (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Proof of Delivery
[redacted] [redacted] [redacted] [redacted] 24845201 33231820                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-11): XXXXX                                                                                                                   04/11/2025 2                     B                     B                     B                     B                     B                MO        Primary    Refinance                     A        B       A        B      A          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-10): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 20956124 33038295                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-17): XXXXX                                                                                                                   03/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CO        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23220499 32959679                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23220499 32959680                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23220499 32959681                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23220499 32959682                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.00400% is in excess of the allowable     Total fees financed by lender is $4,943.95.  Threshold maximum is $4,940.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,943.95 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $3.95 or .00400%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23220499 32959683                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23220499 32959684                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $898.95 or 5.00400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/05/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,943.95 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $898.95 or 5.00400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20538028 32996207                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.39816% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $792.98 or 4.39816%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/11/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,837.98 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $792.98 or 4.39816%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20538028 32996222                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/11/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CT        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23220865 32941826                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $931.00 or 4.97600%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,976.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $931.00 or 4.97600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23220865 32941838                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28252345 32934174                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.59970% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $922.68 or 4.59970%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,967.68 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $922.68 or 4.59970%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24506484 32977854                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 28151570 33030364                         Compliance Compliance     State          State Defect   (State High Cost) Maryland Covered Loan (Points and Fees)                                                                   XXXXX Predatory Lending Law: Points and Fees on subject loan of 4.85200% is in excess of the allowable maximum of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance  No obvious cure    C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                4.00000% of the Total Loan Amount. Points and Fees total $2,814.16 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $494.16 or .85200%).  Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24933374 32958778                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-13): XXXXX                                                                                                                   03/13/2025 2          A          A          A          A          A          A          A          A          A          A                MA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 26727444 32952480                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/04/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26727444 32952507                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.45468% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $23.75 or 3.45468%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          03/04/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,068.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $23.75 or 3.45468%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20607488 33021231                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.46053% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $89.91 or 4.46053%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/14/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,134.91 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $89.91 or 4.46053%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20107502 33011735                         Credit     Note           Document Error Note           Missing evidence of First Payment Date.                                                                                                                                                                                                              The file was missing evidence of first payment letter.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-17): XXXXX                                                                                             03/17/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 20107502 33012412                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        Verification of employment dated XX/XX/XX is not within 10 business days of the Note (XX/XX/XX).                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 20857654 33038607                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/18/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20857654 33038608                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/18/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29409406 33132597                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          A          A          A          A          A          A          A          A          A          A                AZ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 29409406 33132685                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 29409406 33134024                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29409406 33134025                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29409406 33134026                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29409406 33134027                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.95588% is in excess of the allowable     Total fees financed by lender is $5,062.50.  Threshold maximum is $4,250.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,062.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $812.50 or .95588%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29409406 33134028                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 29409406 33134029                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.95588% is in excess of the investor allowable       Total fees financed by lender is $5,062.50.  Threshold maximum is $4,250.00.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    03/31/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,062.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,017.50 or 5.95588%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22639383 33197497                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               File is missing the Master Policy.                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23692352 33428005                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.58383% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $746.26 or 3.58383%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/12/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,791.26 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $746.26 or 3.58383%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26289352 33247394                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-16): XXXXX                                                                                                                   04/16/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26289352 33248855                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 61.54629% exceeds Guideline total debt ratio of 50.00000%. Lender excluded all the liabilities listed on the                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      credit report, however documentation to support the omission was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 24222665 32942303                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file is missing copy of Rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 03/03/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24222665 32942387                         Credit     Asset          Asset          Asset          Available for Closing is insufficient to cover Cash From Borrower.                                                                                                                                                                                   Assets for Closing of  $0.00 is less than Cash From Borrower $15,219.88.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-06): XXXXX                                                                                             03/06/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Calculation /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26568449 33062542                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                PA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29559784 33183412                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,165.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,210.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,165.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29559784 33183426                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate lock document is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29559784 33189386                         Compliance Compliance     Federal        RESPA          RESPA -  Initial Escrow Account Statement Missing                                                                           RESPA: Initial escrow account statement was not provided to the borrower.                                                The file is missing copy of initial escrow account statement                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21916860 33022754                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.90700% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by  $3,432.60 or 1.90700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           03/14/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,832.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $3,432.60 or 1.90700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21916860 33022783                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-28): XXXXX                                                                                             03/28/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 21916860 33022809                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/14/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22700410 33011927                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705668 33231902                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705668 33231903                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705668 33231911                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705668 33231927                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.17000% is in excess of the allowable     Total fees financed by lender is $6,721.00.  Threshold maximum is $6,500.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $6,721.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $221.00 or .17000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21705668 33231930                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705668 33231932                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.17000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,676 or 5.17000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/14/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,721.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,676.00 or 5.17000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21705668 33232048                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705668 33271930                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24624155 32968449                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/06/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24624155 32968457                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 26198434 32962612                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-28): XXXXX                                                                                             03/28/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 21063892 33061400                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28253926 32933092                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $954.00 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        02/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,999.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $954.00 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22594286 32998944                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Security Instrument does not reflect date of Notary.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-20): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-18): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Seller Comment (2025-03-14): XXXXX
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 24771547 32970187                         Credit     Asset          Asset          Asset          Available for Closing is insufficient to cover Cash From Borrower.                                                                                                                                                                                   Documented qualifying Assets for Closing of  $0.00 is less than Cash From Borrower $264.25.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-12): XXXXX                                                                                             03/12/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Calculation /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 26367216 33064032                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.49100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $785.60 or .49100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,585.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $785.60 or .49100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26367216 33064043                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 25793853 32962335                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25793853 32962336                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,016.76.  Threshold maximum is $3,400.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25793853 32962337                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25793853 32962338                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.90700% is in excess of the allowable     Total fees financed by lender is $4,016.76. Threshold maximum is $3,400.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-19): XXXXX                                                                                                        03/19/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  (1) Signed letter  C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,016.76 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $616.76 or .90700%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25793853 32962339                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25793853 32962340                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.90700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $616.76 or .90700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/05/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,016.76 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,400.00 (an overage of $616.76 or .90700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25793853 32962437                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/05/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25793853 32962453                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 25911318 32978319                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-06): XXXXX                                                                                                                   03/06/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IN        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23893100 33152023                         Credit     Insurance      Insurance      Insurance      Missing Document: Flood Insurance Policy not provided                                                                                                                                                                                                File is missing copy of Flood Insurance Policy.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 23893100 33152038                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             Hazard insurance amount is insufficient, required additional insurance coverage to cover the amount. Please provide additional insurance coverage document.                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 23893100 33152043                         Credit     Insurance      Insurance      Insurance      Flood Insurance Error: Insurance premium was not provided.                                                                                                                                                                                           File is missing copy of Flood Insurance Policy.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 23048259 33286244                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                04/21/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IL        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27420638 33154987                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 20281011 32969074                         Compliance Compliance     State          Misc. State    Colorado Home Loan (Ability to Repay not Verified)                                                                          XXXXX Home Loan (HB1322):  Borrower's ability to repay not verified with reliable documentation.                         Borrower's ability to repay not verified with reliable documentation.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-03-13): XXXXX                                                                                                                   03/13/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 21390498 32993738                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.50556% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $728.01 or .50556%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,048.01 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,320.00 (an overage of $728.01 or .50556%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21390498 32993827                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27593958 33124571                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.90000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $120.00 or 4.90000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,165.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $120.00 or 4.90000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27593958 33144507                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           Primary AVM is 31 days old as of Note date.                                                                                                                          Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-15): XXXXX                                                                                                                   04/15/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 27816745 33082802                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.26000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $1,237.40 or 4.26000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,282.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,237.40 or 4.26000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27865451 32986842                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 27865451 32986863                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Property Address XXXXX Insurance Verification document is required.                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27865451 32986871                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21066336 33469176                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-16): XXXXX                                                                                                                   05/16/2025 2          A          N/A        A          A          N/A        N/A                              A          A                LA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23038384 33175550                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29191395 33012069                         Compliance Compliance     State          State Defect   West Virginia Residential Mortgage Lender, Broker, and Servicer Act (Borrower Not Charged for Actual Amounts of Third Party West XXXXX Residential Mortgage Lender, Broker and Servicer Act: No evidence in file to support that the borrower was                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                WV        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                    Fees)                                                                                                                       charged the actual amounts for all third party fees.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25933242 33086701                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 29714641 33027243                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.51170% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,407.17 or .51170%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/17/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,657.17 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $8,250.00 (an overage of $1,407.17 or .51170%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29714641 33027246                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CT        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25143683 33031386                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00305% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,467.46 or 1.00305%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/17/2025 2          B          B          B          B          B          B          B          B          B          B                ID        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,856.46 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,389.00 (an overage of $1,467.46 or 1.00305%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21185857 33022985                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. The provided CU and/or LCA    Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Two valuations were provided, one of which does not support value. The file required a copy of the secondary valuation for securitization                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-25): XXXXX                                                                                                                   03/25/2025 3          A          A          A          A          C          C                                A          A                OH        Primary    Refinance                     C        C       A        A      A          A          C        C                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation provide relief. Sec ID: 222                                                                                                                                                                                                                          purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 27716859 33286706                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. No CU or LCA provided. Sec                                                                                                                             Loan is to be securitized. Two valuations were provided, one of which does not support value.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          A          A          C          A                     A          D          A                NJ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 191                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 28503419 33100277                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/26/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Second     Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28503419 33100278                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/26/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Second     Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28503419 33100280                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          B          A          B          A          B          A          B          A          B          A                PA        Second     Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23836367 33303613                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.16089% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $289.60 or .16089%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          04/22/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,689.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $289.60 or .16089%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23836367 33303636                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 23836367 33303641                         Credit     Loan Package   Closing /      Loan Package   Missing Document: Rider - 1-4 Family not provided                                                                                                                                                                                                    File does not have Rider - 1-4 Family in file.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Title          Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20471422 33174165                         Credit     Loan Package   Application /  Loan Package   Loan originated as Primary residence, yet URLA declarations indicates borrower will not occupy.                             -                                                                                                                        Final and initial 1003 declaration section 5a-A reflects the borrower does not intend to occupy the property as their primary residence.                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 24207318 32952664                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99910% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,204.05 or 4.99910%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/04/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,249.05 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,204.05 or 4.99910%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27381845 33174536                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 29823264 33080484                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 22198142 32985818                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.16800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,165.00 or 4.16800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,210.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,165.00 or 4.16800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22198142 32985841                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22198142 33190547                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. No CU or LCA provided. Sec                                                                                                                             Value of BPO provided as secondary valuation is > -10%. Higher lever valuation is required to support the origination value.                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1                     A                     A                     A                     A                     A                CA        Primary    Refinance                     D        B       A        B      B          B          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 142                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22198142 33231516                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                             Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___                   AVM with updated value received new lower value increases HCLTV over max allowed.                                                                                    Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-15): XXXXX                                                                                                                   04/15/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     D        B       A        B      B          B          D        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 22198142 33231517                         Credit     Credit         AUS            Guideline      Guideline Requirement: Combined loan to value discrepancy.                                                                  Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___.          AVM with updated value received new lower value increases CLTV over max allowed.                                                                                     Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-15): XXXXX                                                                                                                   04/15/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     D        B       A        B      B          B          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-15): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 26923922 32978885                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,205.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26728919 33095405                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/25/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29899585 32995806                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-17): XXXXX                                                                                             03/17/2025                       1          D          A          A          A          N/A        A                     A          D          A                NJ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 22970755 32995723                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-17): XXXXX                                                                                             03/17/2025                       1          D          A          A          A          N/A        A                     A          D          A                MI        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20185863 33062031                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24950907 32969965                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.31490% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,100.52 or 4.31490%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/06/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,145.52 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,100.52 or 4.31490%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23881340 33071975                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 23881340 33216073                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. No CU or LCA provided. Sec                                                                                                                             Secondary AVM provided does not support the value used to qualify. Secondary AVM value is greater than 10% less than the primary  AVM value                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1                     A                     A                     A                     A                     A                GA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 142                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22721598 33010293                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26783248 33112483                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/27/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21931836 33094529                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Retained by    XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained   Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained by lender.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-28): XXXXX                                                                                             03/28/2025                       1          B          A          B          A          B          A          B          A          B          A                OH        Primary    Refinance                     D        A       A        A      B          A          D        A                            No
                                                                                                                Compliance     Level          Lender)                                                                                                                     by lender.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 21931836 33094530                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided)                                              XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure.                                 Borrower not provided Right Not To Close Disclosure.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          B          A          B          A          B          A          B          A          B          A                OH        Primary    Refinance                     D        A       A        A      B          A          D        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 21931836 33094551                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          A          A          N/A        A                     A          D          A                OH        Primary    Refinance                     D        A       A        A      B          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 28141164 33110260                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 25678187 33351910                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-29): XXXXX                                                                                                                   04/29/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OH        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25678187 33353288                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.17149% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $495.00 or 1.17149%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/29/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,607.70 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $495.00 or 1.17149%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27946294 33071908                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Qualifying total debt ratio of 50.19832% exceeds Guideline total debt ratio of 50.00000%.                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-21): XXXXX                                                                                             03/21/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 27946294 33084003                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-21): XXXXX                                                                                             03/21/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 27946294 33084032                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-03-21): XXXXX                                                                                             03/21/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 22451509 33072110                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27525088 33021271                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98560% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $940.60 or 4.98560%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/14/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,985.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $940.60 or 4.98560%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20884216 32995896                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.68539% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $874.66 or 4.68539%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,919.66 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $874.66 or 4.68539%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20884216 32995951                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 20884216 32995979                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21363000 33027579                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21363000 33027580                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,241.73.  Threshold maximum is $3,750.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21363000 33027581                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21363000 33027582                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.65564% is in excess of the allowable     Points and Fees exceed allowable threshold by $491.73 or .65564%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-15): XXXXX                                                                                                        04/15/2025            2          C          B          C          B          C          B          C          B          C          B                AZ        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,241.73 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $491.73 or .65564%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21363000 33027583                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21363000 33027584                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.65564% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $491.73 or .65564%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/17/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,241.73 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,750.00 (an overage of $491.73 or .65564%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29737269 33011803                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 61.30511% exceeds Guideline total debt ratio of 50.00000%. Lender did not include full PITIA for property at                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      XXXXX. Final 1003 reflects rental loss of $-2,532.92, however per documents in file rental loss is $-5,766.73.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29737269 33012279                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing XXXXX K1 and business tax return for XXXXX and XXXXX. Guidelines require two years tax returns.                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29737269 33025645                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $575,908.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 26396640 33038452                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26396640 33038468                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26184293 33010511                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/13/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23889455 32987790                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24356653 33100347                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Investment Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20499665 32995503                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 20499665 32995504                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $7,289.08.  Threshold maximum is $4,045.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 20499665 32995505                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 20499665 32995506                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99924% is in excess of the allowable     Total fees financed by lender is $7,289.08. Threshold maximum is $$6,075.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $7,289.08 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,214.08 or .99924%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20499665 32995507                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 20499665 32995508                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99924% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,244.08 or 5.99924%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/11/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $7,289.08 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $3,244.08 or 5.99924%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20499665 32995517                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-16): XXXXX                                                                                             07/16/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 20499665 33945438                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-21): XXXXX                                                                                                                   07/21/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20939368 32950606                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.58566% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $81.54 or 4.58566%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,126.54 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $81.54 or 4.58566%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20939368 32950610                         Credit     Title          General        Title          Final Title Policy Coverage is less than Original Loan Amount.                                                                                                                                                                                       The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-20): XXXXX                                                                                             03/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28711407 32963356                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-10): XXXXX                                                                                             03/10/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27420639 32951650                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29181295 33125776                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.05070% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,575.99 or 1.05070%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,075.84 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,499.85 (an overage of $1,575.99 or 1.05070%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29181295 33130698                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        File is missing ta reliable Third Party Verification document for the Borrowers Schedule-C Business Income.  For each borrower noted.                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 26735720 32986007                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 26735720 32986008                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 26735720 32986011                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 26735720 32986012                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.82041% is in excess of the allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  D        B       C        A      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $9,778.29 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,378.29 or .82041%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26735720 32986013                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 26735720 32986016                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.82041% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,738.29 or 2.82041%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       C        A      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,778.29 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,040.00 (an overage of $4,738.29 or 2.82041%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26735720 32986028                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The fie is missing a copy of the valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 26735720 32986040                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 27545857 32996644                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27545857 32996645                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27545857 32996646                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27545857 32996647                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.68244% is in excess of the allowable     Total fees financed by lender is $3,977.71.  Threshold maximum is $3,500.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,977.71 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $477.71 or .68244%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27545857 32996648                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27545857 32996649                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.68244% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $477.71 or .68244%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          03/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,977.71 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,500.00 (an overage of $477.71 or .68244%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27502232 33146107                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 27502232 33146108                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,632.80.  Threshold maximum is $3,500.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 27502232 33146109                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 27502232 33146110                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.18971% is in excess of the allowable     Total fees financed by lender is $3,632.80. Threshold maximum is $3,500.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance  (1) Signed letter  C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,632.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $132.80 or .18971%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27502232 33146111                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 27502232 33146112                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.18971% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $132.80 or .18971%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/02/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,632.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,500.00 (an overage of $132.80 or .18971%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27502232 33146115                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) South Carolina High-Cost Loan (Certification of Counseling)                                    XXXXX High-Cost Loan:  Evidence of Counseling Certification not in file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance  See any available  C        B       C        B      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    South Carolina
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX                                                                                                                                                                                                                                                                                               High-Cost Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 27502232 33146116                         Compliance Compliance     State          State Defect   (State High Cost Provision) South Carolina High-Cost Loan (Financed Fees Exceeds Threshold)                                 XXXXX High-Cost Loan: Points and fees financed into loan exceed 2.5% of total loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance  See any available  C        B       C        B      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    South Carolina
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX                                                                                                                                                                                                                                                                                               High-Cost Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 27502232 33146118                         Compliance Compliance     State          State Defect   (State High Cost) South Carolina High-Cost Loan (Points and Fees)                                                           XXXXX High-Cost and Consumer Home Loan Act: Points and Fees on subject loan of 5.62701% is in excess of the allowable    Points and Fees exceed allowable threshold by $412.04 or .62701%.  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance  (Limited Use Bona  C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Total Loan Amount. Points and Fees total $3,697.75 on a Total Loan Amount of $XXXXX vs. an                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out Fide Errors -
                                                                                                                                                                                                                                                                          allowable total of $XXXXX (an overage of $412.04 or .62701%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX                                                                                                                                                                                                                                                                                               Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             45 days after the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide: (1) Legal
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             opinion from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             originating lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             with loan-specific
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             details on how a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost loan was
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             made despite
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).  Note, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 27502232 33146126                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 27502232 33177120                         Credit     Income /       Income         Income /       The verification of employment is not within 10 calendar days of the Note.                                                                                                                                                                           Missing VVOE or Paystub dated within 10 business days of close, OR Verification of existence of business within 10 calendar days of close by third party CPA,        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC            Reviewer Comment (2025-04-16): XXXXX                                                                                                                   04/16/2025 2          C          B          C          B          C          B          C          B          C          B                SC        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   assistance required by guidelines. Secretary of State look up in file is dated XX/XX/XX.                                                                             The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 20830763 33134640                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20830763 33134646                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/31/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20830763 33134964                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 20830763 33134965                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 20830763 33134966                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.29600% is in excess of the allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,296.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $296.00 or .29600%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20830763 33134967                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 20830763 33134968                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.29600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,251.00 or 5.29600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,296.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,251.00 or 5.29600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28879979 33110757                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                TN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 20010050 33080168                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          required. Missing additional 2 years W2 or WVOE.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 23485115 32970304                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-13): XXXXX                                                                                             03/13/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23485115 32970513                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of 50.02811% exceeds Guideline total debt ratio of 50.00000%. Due to the difference of existing first lien escrow    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-25): XXXXX                                                                                                                   03/25/2025 2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      and verified taxes and insurance. The difference of $90.58 monthly is included in the DTI because it is a part of the borrowers required monthly payment for the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                         first lien.                                                                                                                                                          Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-25): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 27905220 33022825                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/14/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21081749 32987781                         Compliance Compliance     State          State Defect   (State High Cost) Maryland Covered Loan (Points and Fees)                                                                   XXXXX Predatory Lending Law: Points and Fees on subject loan of 4.12575% is in excess of the allowable maximum of        Points and fees exceed maximum threshold of $100.60 or .12575%.                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-14): XXXXX                                                                                             03/14/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance  No obvious cure    C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                4.00000% of the Total Loan Amount. Points and Fees total $3,300.60 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $100.60 or .12575%).  Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 20277552 32996728                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/11/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20277552 32996730                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/11/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IL        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23824052 33039691                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.52490% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.02 or 4.52490%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/18/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.02 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.02 or 4.52490%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21128771 33095579                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 8.29396% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $1,482.28 or 3.29396%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check D        B       B        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $3,732.28 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $1,482.28 or 3.29396%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21128771 33095598                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               Preliminary title policy does not state a coverage amount.                                                                                                           Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21128771 33095603                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Investment Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 21128771 33151313                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-01): XXXXX                                                                                                                   04/01/2025 2                     B                     B                     B                     B                     B                CA        Investment Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower's monthly mortgage payment has decreased by at least 20%.                                                                                                                                                                                                              SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-31): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The refinance has decreased the borrower's monthly debt payments by 20% or more.                                                                                                                                                                                                SitusAMC
[redacted] [redacted] [redacted] [redacted] 21420444 33022699                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,205.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23224426 33228496                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          D          A          A          A          N/A        A                     A          D          A                AL        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 26567766 33183947                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/07/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26567766 33200771                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-08): XXXXX                                                                                                                   04/08/2025 2          C          B          C          B          C          B          C          B          C          B                WA        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 27491286 33080469                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,296.39 or 4.97800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/21/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,341.39 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,296.39 or 4.97800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27491286 33080489                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 25411740 33148743                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     The file was missing a copy of Flood Certificate.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 25411740 33148758                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                                                   04/02/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25740240 33382887                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22023133 33061413                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 23143466 33134033                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24172324 33152325                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24172324 33152331                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The fie is missing a copy of the valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-02): XXXXX                                                                                                                   04/02/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24172324 33153722                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 50.77901% exceeds Guideline total debt ratio of 50.00000%. Lender excluded monthly payment of $312 to WRD Time                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      Share reflected on credit report and documentation to support the omission was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22131445 33072045                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 23027904 32968978                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23027904 32968979                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23027904 32968980                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,603.45 .  Threshold maximum is $4,390.10.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23027904 32968981                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23027904 32968982                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.24299% is in excess of the allowable     Total fees financed by lender is $4,603.45 Threshold maximum is $4,390.10                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,603.45 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $213.35 or .24299%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23027904 32968983                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23027904 32968984                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.24299% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $558.45 or 5.24299%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/06/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,603.45 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $558.45 or 5.24299%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23027904 32968986                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Illinois High Risk Home Loan (Consumer Caution Notice Not Provided)                            XXXXX High Risk Home Loan:  Borrower not provided with Consumer Caution Notice.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Illinois High-Risk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX                                                                                                                                                                                                                                                                                               threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 23027904 32968987                         Compliance Compliance     State          State Defect   (State High Cost Provision) Illinois High Risk Home Loan (Late Charge)                                                      XXXXX High Risk Home Loan:  Late charge grace period is less than fifteen (15) days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Illinois High-Risk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX                                                                                                                                                                                                                                                                                               threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 23027904 32968988                         Compliance Compliance     State          State Defect   (State High Cost Provision) Illinois High Risk Home Loan (Impermissible Financing of Points and Fees)                       XXXXX High Risk Home Loan: Lender financed points and fees not permissible.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Illinois High-Risk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX                                                                                                                                                                                                                                                                                               threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 23027904 32968989                         Compliance Compliance     State          State Late     (State High Cost Provision) Illinois High Risk Home Loan (Late Charge)                                                      XXXXX High Risk Home Loan: Mortgage loan contains an impermissible late charge greater than 4%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out cure under
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Illinois High-Risk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX                                                                                                                                                                                                                                                                                               threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 23027904 32968990                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Illinois High Risk Home Loan (Mortgage Awareness Program ("MAP") Not Provided)                 XXXXX High Risk Home Loan: Borrower not notified of right to participate in Mortgage Awareness Program ("MAP").                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Illinois High-Risk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX                                                                                                                                                                                                                                                                                               threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 23027904 32968991                         Compliance Compliance     State          State Defect   (State High Cost) Illinois High Risk Home Loan (Points and Fees)                                                            XXXXX High Risk Home Loan Act: Points and Fees on subject loan of 5.24299% is in excess of the allowable maximum of                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-11): XXXXX                                                                                             03/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance  Within 30 days of  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $4,603.45 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out closing, provide:
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $213.35 or .24299%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other    (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-07): XXXXX                                                                                                                                                                                                                                                                                               Attestation to AMC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             attesting the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-risk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (4) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             60 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-risk
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).   Note,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 29786339 33060551                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.50000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $905.00 or 4.50000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/19/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,950.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $905.00 or 4.50000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23619406 33123472                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00320% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $758.84 or 4.00320%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,803.84 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $758.84 or 4.00320%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21172647 33087662                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21172647 33087663                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3543.33.  Threshold maximum is $3500.00.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21172647 33087664                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21172647 33087665                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.06190% is in excess of the allowable     Points and fees exceed maximum threshold of 5% by .06190%.                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,543.33 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $43.33 or .06190%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21172647 33087666                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21172647 33087667                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.06190% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $43.33 or .06190%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          03/24/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,543.33 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,500.00 (an overage of $43.33 or .06190%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21172647 33087669                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Colorado Covered Loan (Consumer Caution Notice Not Provided)                                   XXXXX Covered Loan:  Consumer Caution Notice not provided to borrower.                                                   Evidence of borrower receipt was not found in file.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21172647 33087670                         Compliance Compliance     State          State Defect   (State High Cost) Colorado Covered Loan (Points and Fees)                                                                   XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 5.06190% is in excess of the allowable maximum  Points and fees exceed maximum threshold of $43.33 or .06190%                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  For application    C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $3,543.33 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out prior to 1/10/14,
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $43.33 or .06190%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other    no obvious cure.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For applications
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on or after
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             1/10/14, same as
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             DF HOEPA cure:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21172647 33087687                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $117,708.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 22089399 33074834                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 60.84546% exceeds Guideline total debt ratio of 50.00000%.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22089399 33074835                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 calendar days of the Note.                                                   -                                                                                                                        The file was missing a copy of the Verification(s) of employment is not within 10 calendar days of the Note.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 28047058 33021195                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99997% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,279.96 or 4.99997%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,324.96 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,279.96 or 4.99997%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29555190 33073307                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.91493% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,811.12 or 1.91493%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,215.12 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,404.00 (an overage of $2,811.12 or 1.91493%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21418004 33009350                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 27028243 33010774                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not High Cost and Not Higher Priced                                                                The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        Subject Transaction is Refinance of Investment Home. Per Final 1003 Section 5A borrower has mentioned that he would be occupying the subject as Primary.                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-20): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Investment).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                               (other than                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 27028243 33010831                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27028243 33024996                         Credit     Loan Package   Application /  Loan Package   Mismatch of data related to Occupancy.                                                                                      -                                                                                                                        Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary residence.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-17): XXXXX                                                                                             03/17/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24508175 33175958                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 24508175 33175997                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for property address XXXXX (New XXXXX Heloc)                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24508175 33175998                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for property address XXXXX (New XXXXX Heloc)                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24508175 33176003                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for property address XXXXX (New XXXXX Heloc)                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24508175 33176005                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for property address XXXXX (New XXXXX Heloc)                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24508175 33176007                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for property address XXXXX (New XXXXX Heloc)                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 20470685 33176667                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.79414% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $311.58 or .79414%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/04/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,273.33 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $311.58 or .79414%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20470685 33176674                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 20470685 33192914                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 20470685 33192934                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 20470685 33192936                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 20470685 33192937                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 20470685 33192939                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24581669 33189890                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.56450% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,129.00 or .56450%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/08/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,129.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $1,129.00 or .56450%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24581669 33189940                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing a copy of insurance verification document for property address XXXXX                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24581669 33189949                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing a copy of Insurance Verification and Tax Verification document for property address XXXXX                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24581669 33189953                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing a copy of Insurance verification document for property address XXXXX                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24581669 33189961                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing a copy of Insurance Verification and Tax Verification document for property address XXXXX                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 28565609 33061736                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX based on the Commitment in file.                                                            Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28565609 33143859                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                             Loan amounts greater than $250,000 require a Full Appraisal. A Drive-by was provide as the primary valuation.                                                        Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-08): XXXXX                                                                                                                   04/08/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-01): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 22861308 33080299                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.95487% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $3,108.25 or 1.95487%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,878.25 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,770.00 (an overage of $3,108.25 or 1.95487%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22861308 33087193                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29886731 33002997                         Compliance Compliance     State          State Defect   XXXXX CHL Complaint Agency Disclosure Timing Test                                                                           XXXXX Home Loan: Borrower not provided with a document, at time of application, specifying the agency designated to      Borrower not provided with a document, at time of application, specifying the agency designated to receive complaints or inquiries about the origination and making                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                receive complaints or inquiries about the origination and making of the loan.                                            of the loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 26908044 33073044                         Credit     Loan Package   Application /  Loan Package   Missing Document: Missing Final 1003                                                                                                                                                                                                                 The file is missing a copy of final 1003.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-25): XXXXX                                                                                             03/25/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 22587497 33180950                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 8.44979% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points Points and Fees exceed allowable threshold by $945.45 or 3.44979%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 04/04/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,315.75 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $945.45 or 3.44979%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22587497 33180968                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22587497 33181038                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22587497 33192977                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22587497 33192983                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22587497 33192986                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22587497 33192987                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22587497 33192998                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24299724 33183547                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 24299724 33183549                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         Title Evidence is Missing.                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 24299724 33183643                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for New XXXXX Heloc loan (Property address: XXXXX)                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24299724 33183654                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for New XXXXX Heloc loan (Property address: XXXXX)                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24299724 33183662                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for New XXXXX Heloc loan (Property address: XXXXX)                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24299724 33183664                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for New XXXXX Heloc loan (Property address: XXXXX)                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24299724 33183668                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Kindly provide mortgage statement or note document for New XXXXX Heloc loan (Property address: XXXXX)                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 23173560 33177456                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 7.65118% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $735.33 or 2.65118%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/04/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,122.13 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $735.33 or 2.65118%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23173560 33177465                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 23173560 33177469                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 23173560 33177506                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of mortgage statement for XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23173560 33177507                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of mortgage statement for XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23173560 33177510                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of mortgage statement for XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23173560 33177513                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of mortgage statement for XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23173560 33177514                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of mortgage statement for XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22502464 33145349                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     File is missing a copy of flood certification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 25291518 33175133                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 8.57000% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points Points and Fees exceed allowable threshold by $892.50 or 3.57000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 04/04/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,142.50 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $892.50 or 3.57000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25291518 33175144                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-16): XXXXX                                                                                             06/16/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 25291518 33175156                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 25291518 33193139                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25291518 33193140                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25291518 33193147                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25291518 33193158                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25291518 33193164                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for new XXXXX HELOC.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24437620 33021443                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99960% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,549.38 or .99960%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/14/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,199.38 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,650.00 (an overage of $1,549.38 or .99960%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24437620 33021457                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/14/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24437620 33055666                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             MI payment was not included in lenders calculation.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 29259176 33110111                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Second     Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Home       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 29259176 33113327                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Second     Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22527314 33026919                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $580.35 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/17/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,625.35 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $580.35 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28399327 33118578                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OK        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23255486 32987141                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23255486 32987233                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29245423 33227981                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 26327248 33111852                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $754.04 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,799.04 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $754.04 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23013067 32995490                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          D          A          A          A          N/A        A                     A          D          A                CO        Primary    Refinance                     D        B       C        B      A          A          D        B                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23013067 32997140                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of 50.89549% exceeds Guideline total debt ratio of 50.00000%.                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-03-18): XXXXX                                                                                                                   03/18/2025 2          C          B          C          B          C          B          C          B          C          B                CO        Primary    Refinance                     D        B       C        B      A          A          D        B                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-11): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC
[redacted] [redacted] [redacted] [redacted] 23013067 33076730                         Property   Property -     Appraisal      Property -     Appraisal is required to be in name of Lender                                                                               -                                                                                                                        Lender on Appraisal differs from the Note. Missing appraisal transfer letter.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   03/18/2025 2                     B                     B                     B                     B                     B                CO        Primary    Refinance                     D        B       C        B      A          A          D        B                            No
                                                                                                 Appraisal      Reconciliation Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23013067 33076738                         Property   Appraisal      Appraisal      Appraisal      Loan is to be securitized. Appraisal was provided from prior transaction. Lender/Client differs from note. Appraisal is not                                                                                                                          Loan is to be securitized. Appraisal was provided from prior transaction. Lender/Client differs from note. Appraisal is not acceptable. Appraisal transfer letter                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1                     A                     A                     A                     A                     A                CO        Primary    Refinance                     D        B       C        B      A          A          D        B                            No
                                                                                                 Reconciliation Documentation  Reconciliation acceptable. Sec ID: 176                                                                                                                                                                                                                              missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 24746413 33011804                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 24746413 33011806                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 24746413 33011810                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 24746413 33011828                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.00100% is in excess of the allowable     Total fees financed by lender is $4,250.85.  Threshold maximum is $4,250.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,250.85 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $0.85 or .00100%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24746413 33011837                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 24746413 33011845                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,250.00.  Threshold maximum is $4,250.85.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 24746413 33011850                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $205.85 or 5.00100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,250.85 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $205.85 or 5.00100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29967495 33109702                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99980% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $454.82 or 4.99980%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/27/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,499.82 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $454.82 or 4.99980%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21299968 33079848                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 21299968 33079854                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27134584 33352616                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.27270% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,007.47 or 4.27270%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/29/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,052.47 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,007.47 or 4.27270%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23627460 33082577                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX  declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 25871516 33285561                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/21/2025 2          B          B          B          B          B          B          B          B          B          B                AK        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25871516 33285574                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $87,818.40.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                AK        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25543408 33108445                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25543408 33108446                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,084.92.  Threshold maximum is $3,700.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25543408 33108447                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25543408 33108449                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.52016% is in excess of the allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,084.92 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $384.92 or .52016%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25543408 33108450                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25543408 33108451                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.52016% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $384.92 or .52016%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,084.92 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,700.00 (an overage of $384.92 or .52016%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20419164 33341680                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2          A          A          A          A          A          A          A          A          A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21544832 33472661                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-20): XXXXX                                                                                                                   05/20/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MI        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26014561 33039280                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 26014561 33039281                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.45140% is in excess of the allowable     Points and Fees threshold exceed allowable threshold by $315.98 or .45140%.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,815.98 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $315.98 or .45140%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26014561 33039282                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 26014561 33039283                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.45140% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $315.98 or .45140%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/18/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,815.98 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,500.00 (an overage of $315.98 or .45140%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26014561 33055874                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 26014561 33055875                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,815.98.  Threshold maximum is $3,500.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 22330320 33145646                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceeded by $3,500.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/02/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,750.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $3,500.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23229624 33095009                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/25/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MI        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25274396 33099129                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 24248648 33103110                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/26/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MN        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24248648 33103118                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    The file was missing a copy of note - senior lien.                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          D          A          D          A          D          A          D          A                MN        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33188445                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.93168% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $281.07 or .93168%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/08/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $1,789.47 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $281.07 or .93168%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23333279 33188673                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33188805                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Second lien mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33188807                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Second lien mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33188811                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Second lien mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33188816                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Second lien mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33188819                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  - ___                                                                                                                    Second lien mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33188821                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Second lien mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23333279 33209442                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-15): XXXXX                                                                                                                   04/15/2025 2          C          B          C          B          C          B          C          B          C          B                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-08): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 20497880 33207867                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20497880 33353795                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-25): XXXXX                                                                                                                   04/25/2025 2                     B                     B                     B                     B                     B                FL        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 28455406 33134133                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.16800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $123.00 or 4.16800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/31/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,168.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $123.00 or 4.16800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25695531 33095627                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.34351% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $34.08 or 3.34351%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          03/25/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,079.08 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $34.08 or 3.34351%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28928552 33123941                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22187848 33191074                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 22187848 33209741                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22187848 33209746                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22187848 33209750                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22187848 33209753                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22187848 33209754                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22187848 33209758                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 27113126 33192456                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 27113126 33209844                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 27113126 33209845                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 27113126 33209848                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 27113126 33209850                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 27113126 33209852                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 27113126 33209854                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29732129 33188974                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.60528% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $422.43 or 1.60528%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/08/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $1,738.18 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $422.43 or 1.60528%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29732129 33188989                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 29732129 33209497                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM dates are greater than one month from Note date. Both AVMs are dated XX/XX/XX and Note date is XX/XX/XX.                                                         Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-15): XXXXX                                                                                                                   04/15/2025 2          C          B          C          B          C          B          C          B          C          B                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-08): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 29732129 33209535                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29732129 33209538                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29732129 33209540                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29732129 33209544                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29732129 33209549                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29732129 33209551                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing verification of monthly payment for second lien.                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 20094903 33038880                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20094903 33038905                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99930% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $119.42 or 4.99930%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/18/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,164.42 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $119.42 or 4.99930%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21718635 33429771                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        The file is missing the Schedule C for XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-13): XXXXX                                                                                             05/13/2025                       1          C          A          C          A          C          A          C          A          C          A                MO        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 21718635 33429805                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of the required Mortgage Statement and Tax Verification for REO XXXXX.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-13): XXXXX                                                                                             05/13/2025                       1          C          A          C          A          C          A          C          A          C          A                MO        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23974234 33174421                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/04/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23974234 33174425                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              The file is missing a copy of Approval Document.                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25692088 33099294                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.89288% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,428.60 or .89288%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       03/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,228.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $1,428.60 or .89288%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25692088 33099311                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 25692088 33099315                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29311730 33030253                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AZ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29082900 33087003                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               The file was missing a copy of the Hazard Insurance Policy Document.                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-28): XXXXX                                                                                             03/28/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 20334877 33496250                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-22): XXXXX                                                                                                                   05/22/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IN        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25869712 33316242                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.80705% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $142.76 or 3.80705%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/23/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,187.76 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $142.76 or 3.80705%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25756153 33021158                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.22729% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $470.50 or .22729%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/14/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,680.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,210.00 (an overage of $470.50 or .22729%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27747816 33101855                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     Required Statement was not provided to purchaser or assignee for loan that was sold or assigned.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27747816 33101856                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27747816 33101857                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27747816 33101858                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27747816 33101859                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.99300% is in excess of the allowable     Points and Fees on subject loan of 6.99300% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,496.50 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,496.50 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $2,500.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $996.50 or 1.99300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27747816 33101860                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27747816 33101861                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.99300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $996.50 or 1.99300%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,496.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,500.00 (an overage of $996.50 or 1.99300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27747816 33101872                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/26/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27747816 33101877                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27747816 33129038                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Missing 2 year employment history and verification. Borrower has been with current employer less than 2 years and prior employment is not documented in file.                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25700903 33285776                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/21/2025 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25700903 33285777                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/21/2025 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23417711 33071598                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32158% is in excess of the investor allowable       Final Disclosure APR of 3.32158% is in excess of allowable threshold of $562.77 or .32158%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/20/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,812.77 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $562.77 or .32158%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28727005 33293256                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 22755241 32995666                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 22755241 32995668                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 22755241 33012600                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Coborrower is being qualified with annuity income that appears to be a survivor's benefit from the borrower per the paystub document in file.  Review needs clear                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      evidence of receipt of income as survivor's benefits are not paid out until the spouse is deceased. Additionally, it appears that if there is a benefit being paid,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                         it would only be 55% of the total coverage which is indicated to be $979.86 currently.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 22755241 33012654                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Coborrower is being qualified with annuity income that appears to be a survivor's benefit from the borrower per the paystub document in file.  Review needs clear                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          evidence of receipt of income as survivor's benefits are not paid out until the spouse is deceased. Additionally, it appears that if there is a benefit being paid,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   it would only be 55% of the total coverage which is indicated to be $979.86 currently.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
[redacted] [redacted] [redacted] [redacted] 27763506 33038676                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.  Most recent inspection provided is dated  XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24149281 33090072                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 24149281 33090089                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or afterXX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 23768493 33110628                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.50000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $330.00 or 3.50000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/27/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,375.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $330.00 or 3.50000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25609585 33075261                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22680990 33277942                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28805898 33397536                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/05/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Investment Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28805898 33397882                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided, one of which does not support value. One or more secondaries  Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Multiple valuations were provided, one of which does not support value. One or more secondaries support value. No CU or LCA providing     Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-05-06): XXXXX                                                                                                                   05/06/2025 2          A          A          A          A          A          A                                B          B                AL        Investment Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation support value. No CU or LCA providing relief are in evidence. Sec ID: 200                                                                                                                                                                            relief are in evidence. Origination AVM value is $XXX. Appraisal value is $XXX. XXXXX AVM value is $131,161, a -18.8787% variance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 29760381 33022874                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/14/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NY        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29760381 33022954                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the preliminary title policy.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-19): XXXXX                                                                                             03/19/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 29760381 33022973                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 57.24616% exceeds Guideline total debt ratio of 50.00000% due to higher REO liabilities on audit.                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-18): XXXXX                                                                                             03/18/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20780150 33123401                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.07400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $103.60 or .07400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/28/2025 2          B          B          B          B          B          B          B          B          B          B                NH        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,303.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,200.00 (an overage of $103.60 or .07400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28469058 33140509                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24728527 33151932                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Lender excluded the P&I on the 1st lien as well as the taxes and insurance on the subject property. Missing satisfactory payment history on the 1st lien, and taxes                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      and insurance are included in DTI. Taxes and insurance are not excluded as the borrower would be obligated to these expenses.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24728527 33151938                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. No CU or LCA provided. Sec                                                                                                                             Loan is to be securitized. Two valuations were provided, one of which does not support value.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          A          A          C          A                     A          D          A                VA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 142                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24733146 33131000                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Last Date Rate Set and Initial Rate Lock Date not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/31/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     B        B       A        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24733146 33193251                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           Primary AVM is dated XX/XX/XX. Note is dated XX/XX/XX.                                                                                                               Borrower has owned the subject property for at least 5 years.                                                             owned subject 12yrs                                                                                                                                   Aggregator,SitusAMC Reviewer Comment (2025-04-04): XXXXX                                                                                                                   04/04/2025 2                     B                     B                     B                     B                     B                VA        Primary    Refinance                     B        B       A        B      B          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21818851 33183705                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/07/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21818851 33183706                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/07/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24555577 33285396                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        XXXXX HOA Verification is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 22645610 33472842                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/20/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24851198 33131421                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.48000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,555.00 or 4.48000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/31/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,600.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,555.00 or 4.48000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20186668 33072713                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.12300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $78.00 or 4.12300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,123.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $78.00 or 4.12300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20186668 33072731                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22724318 33077449                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,820.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,050.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,230.00 (an overage of $2,820.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22724318 33077472                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 29781995 33108598                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/27/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26353468 33142430                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97090% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,273.86 or 4.97090%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/01/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,318.86 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,273.86 or 4.97090%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26353468 33142484                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 26738556 33072755                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 23632926 33003354                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29137618 33060533                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 24675669 33082535                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 29479869 33130624                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,000.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/31/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,500.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $3,000.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29054298 33175694                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU provide relief                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-04): XXXXX                                                                                                                   04/04/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20214883 33038899                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.40050% is in excess of the allowable maximum of the greater of 5.00000% of    QM Points and Fees threshold exceeded by $159.09 or .01776%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    03/18/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $3,334.66 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $729.66 or 1.40050%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25172250 33102482                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 23470151 33292836                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              A loan approval was not provided in the file. Please provide a document reflecting the loan was approved and the terms of the approval (LTV, DTI, FICO, etc.)                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 23470151 33293015                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             A loan approval was not provided in the file therefore review cannot determine discrepancy. Please provide a document reflecting the loan was approved and the terms                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      of the approval (LTV, DTI, FICO, etc.)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20444588 33199813                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/09/2025 2          B          B          B          B          B          B          B          B          B          B                WY        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20444588 33199814                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/09/2025 2          B          B          B          B          B          B          B          B          B          B                WY        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20444588 33199816                         Compliance Compliance     State          Misc. State    Wyoming Uniform Consumer Credit Code (Statement of Rate Not Provided)                                                       XXXXX Uniform Consumer Credit Code:  Lender did not provide borrower with accurate statement of rate.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-16): XXXXX                                                                                                                   04/16/2025 2          B          B          B          B          B          B          B          B          B          B                WY        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29022640 33097141                         Credit     Income /       Income         Income /       Employment/Income Error: Employment or Income source is unlikely to continue.                                                                                                                                                                        Employment contract in file indicates the borrower's contract ends XX/XX/XX.  File does not contain any evidence that the borrower's income with continue after that                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NH        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Eligibility    Employment                                                                                                                                                                                                                                                          point.  Evidence of continued employment and income are required.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 29066543 33073818                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          D          A          A          A          N/A        A                     A          D          A                NJ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 29066543 33243110                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided, two or more of which do not support value. No secondary                                                                                                                                Secondary AVMs provided are not within 10% of the value used to qualify.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1                     A                     A                     A                     A                     A                NJ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation supports value. No CU or LCA providing relief are in evidence. Sec ID: 150                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 24769151 33080841                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 24769151 33080855                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24769151 33080856                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24769151 33080857                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24769151 33080858                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24769151 33080859                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.89000% is in excess of the allowable     Total fees financed by lender is $5,035.95. Threshold maximum is  $4,275.00 .                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,035.95 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $760.95 or .89000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24769151 33080860                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24769151 33080861                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.89000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $990.95 or 5.89000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,035.95 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $990.95 or 5.89000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25475899 33341465                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/28/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25475899 33341483                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22540857 33293239                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20794930 33075839                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 26924087 33100660                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 23728906 33073472                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,900.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,750.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,850.00 (an overage of $3,900.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23728906 33073478                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26195376 32987117                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,700.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,250.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,550.00 (an overage of $3,700.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28649417 33180675                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. No CU or LCA provided. Sec                                                                                                                             Loan is to be securitized. One valuation was provided, with no CU or LCA.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          A          A          C          A                     A          D          A                TN        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 142                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22801335 33176779                         Credit     Loan Package   Application /  Missing        Missing Document: Divorce Decree / Child Support not provided                                                                                                                                                                                        The file is missing a copy of Divorce Decree/ Child Support doc.                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22801335 33242220                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 187                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-15): XXXXX                                                                                                                   04/15/2025 2                     N/A                   A                     N/A                                         A                NE        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 20845141 33021580                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.77040% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $102.44 or 3.77040%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/14/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,147.44 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $102.44 or 3.77040%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24343986 33030774                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00939% is in excess of the investor allowable       Points and Fees on subject loan of 4.00939% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                  03/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,054.18 on a Federal Total Loan Amount of $6,054.18 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,530.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,530.00 (an overage of $1,524.18 or 1.00939%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27965465 33079353                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-27): XXXXX                                                                                                                   03/27/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27965465 33096206                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 190                    Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-25): XXXXX                                                                                                                   03/25/2025 2          A          N/A        A          A          N/A        N/A                              A          A                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 23062181 33174777                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance                     B        B       B        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23062181 33174779                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     Creditor did not provide List of Homeownership Counseling Organizations to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            04/04/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance                     B        B       B        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23062181 33176668                         Credit     Loan Package   Application /  Loan Package   1003 Error: Citizenship Source Documentation  was not provided                                                              -                                                                                                                        The file is missing copy of citizenship source documenatation for co borrowwer. Co borrower is a permenant resident                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          B          A          B          A          B          A          B          A          B          A                NM        Primary    Refinance                     B        B       B        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23537284 33074108                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.03900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $161.75 or 6.03900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/20/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $1348.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $1,509.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $1,348.00 and $1348.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $161.75 or 6.03900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23537284 33074133                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-25): XXXXX                                                                                             03/25/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23537284 33074171                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.03900% is in excess of the allowable     Total fees financed by lender is $1,509.75.  Threshold maximum is $1,348.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-25): XXXXX                                                                                             03/25/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the lesser of 8.00000% of the Federal Total Loan Amount or $1348.00  (XXXXX). Points and Fees of $1,509.75 on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out from borrower
                                                                                                                                                                                                                                                                          a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $161.75 or -1.96100%).  Non-                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other    indicating their
                                                                                                                                                                                                                                                                          Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Seller Comment (2025-03-21): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23537284 33074177                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-25): XXXXX                                                                                             03/25/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23537284 33074193                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-25): XXXXX                                                                                             03/25/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23537284 33115860                         Compliance Compliance     Federal        FACTA          Federal FACTA Disclosure Timing Test                                                                                        FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 03/25/2025 2                     B                     B                     B                     B                     B                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                using credit score.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23537284 33115892                         Compliance Loan Package   Closing /      Loan Package   Originator Application Date is less than 7 days prior to consummation. Please confirm date input reflects the appropriate                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1                     A                     A                     A                     A                     A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Documentation  Title          Documentation  date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23537284 33115916                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Notary Date on the security instrument is XX/XX/XX and Security Instrument date is XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1                     A                     A                     A                     A                     A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 23655751 33709519                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Secondary valuation does not meet guidelines. XXXXX AVM reflects FSD of 0.23. Per guidelines for 2nd lien: Must have a forecasted standard deviation (FSD) of                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   0.20.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 20053643 33073107                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/20/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25298612 33131400                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.31103% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $662.50 or .31103%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/31/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,052.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,390.00 (an overage of $662.50 or .31103%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25298612 33131414                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20120883 33095523                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          A          A          N/A        A                     A          D          A                UT        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 22486539 33123990                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   The file was missing a copy of AVM appraisal, as provided AVM post note dated.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          D          A          D          A          D          A                     A          D          A                WA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22486539 33123992                         Credit     Missing        General        Missing        Missing Document: AVM not provided                                                                                                                                                                                                                   The file was missing a copy of AVM appraisal, as provided AVM post note dated.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Document                      Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25161392 33189079                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,705.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/08/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,750.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,705.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23252936 33181257                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.72004% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,373.66 or 1.72004%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       C        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,513.66 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,140.00 (an overage of $2,373.66 or 1.72004%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23252936 33181270                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23252936 33181276                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23252936 33324478                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                             Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___                   Calculated high loan to value percentage of 72.48573% exceeds Guideline high loan to value percentage of 70.00000%                                                   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-22): XXXXX                                                                                                                   04/22/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 23252936 33324479                         Credit     Credit         AUS            Guideline      Guideline Requirement: Combined loan to value discrepancy.                                                                  Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___.          Calculated combined loan to value percentage of 72.48573% exceeds Guideline combined loan to value percentage of 70.00000%                                           Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-22): XXXXX                                                                                                                   04/22/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 23619592 33243181                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 23619592 33243182                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 23619592 33243183                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 23619592 33243184                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.67400% is in excess of the allowable     Points and Fees exceed allowable threshold by $404.40 or .67400%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,404.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $404.40 or .67400%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23619592 33243185                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 23619592 33243186                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.67400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $404.40 or .67400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/15/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,404.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,000.00 (an overage of $404.40 or .67400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24617798 33061215                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.83784% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,894.76 or 4.83784%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/19/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,939.76 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,894.76 or 4.83784%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24617798 33061442                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/19/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26950884 33229032                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.10100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $56.00 or 4.10100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/11/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,101.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $56.00 or 4.10100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26950884 33229048                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 22594281 33286034                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             Property is a condo and blanket policy was not provided,                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25403461 33080532                         Credit     Income /       Income         Income /       The verification of employment is required and was not found in file.                                                       -                                                                                                                        The verification of employment is required and was not found in file.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25403461 33080533                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        Verification(s) of employment is not within 10 business days of the Note.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22962766 33006214                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of  50.95014% exceeds Guideline total debt ratio of 50.00000% difference of existing first lien escrow minus         The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC            Reviewer Comment (2025-03-19): XXXXX                                                                                                                   03/19/2025 2          C          B          C          B          C          B          C          B          C          B                NJ        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      verified taxes and insurance added back to existing required payment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 28386111 33110525                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             DTI is excessive due to the rental calculation considered by the lender on the subject property.  Per the 1003 it appears the monthly taxes and insurance were not                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      included in the calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 23924339 33182874                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-04): XXXXX                                                                                                                   04/04/2025 2          A          N/A        A          A          N/A        N/A                              A          A                UT        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29740576 33180531                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-04): XXXXX                                                                                                                   04/04/2025 2          A          N/A        A          A          N/A        N/A                              A          A                UT        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29740576 33180543                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Mortgage statement is missing for XXXXX Mortgage to verify P&I amount.                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 29740576 33180546                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/04/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24081686 33094863                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The Preliminary title policy amount is blank.                                                                                                                        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24395635 33100298                         Compliance Compliance     State          State Defect   (State High Cost Provision) North Carolina High-Cost Loan (Counseling Requirement)                                          XXXXX High-Cost Loan:  No evidence borrower received home-ownership counseling by an approved XXXXX.                     No evidence borrower received home-ownership counseling by an approved XXXXX.                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  See any available  C        B       B        B      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    North Carolina
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX                                                                                                                                                                                                                                                                                               High Cost Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 24395635 33100299                         Compliance Compliance     State          State Defect   (State High Cost) North Carolina High-Cost Loan (Points and Fees)                                                           XXXXX Anti-Predatory Lending Law: Points and Fees on subject loan of 5.62388% is in excess of the allowable maximum of   Points and Fees on subject loan of 5.62388% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $3,374.33 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  Within 30 days of  C        B       B        B      C          A          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $3,374.33 on a Total Loan Amount of $XXXXX vs. an allowable     Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $374.33 or .62388%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out loan closing and
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $374.33 or .62388%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other    prior to receiving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Attestation of no
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Signed letter from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)   Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             60 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure;  (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             signed borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice letter to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either (a) accept
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan non-high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or (b) keep loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             as high-cost and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant;  (5) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(a) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, copy of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund check and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (must be in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (6) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(b) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure for each of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations.  Note,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 24395635 33100328                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX based on the Commitment in file.                                                            Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/26/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     C        B       B        B      C          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27709925 33031015                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27709925 33031021                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26383532 33012177                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.40517% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,241.20 or 4.40517%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/13/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check D        D       C        B      B          B          D        D                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,286.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,241.20 or 4.40517%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26383532 33012191                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                       Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-12): XXXXX                                                                                                                   03/12/2025 3          D          N/A        A          A          N/A        N/A                              D          D                VA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26383532 33026084                         Credit     Credit         AUS            Credit         Guideline Requirement: Amortization type discrepancy.                                                                       Note amortization type of ___ does not match Guideline amortization type of ___.                                         Note amortization type of Fixed does not match Guideline amortization type of ARM. Per guidelines HELOC must be ARM and must be interest only. Per HELOC agreement   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-18): XXXXX                                                                                                                   03/18/2025 2          C          B          C          B          C          B          C          B          C          B                VA        Primary    Refinance                     D        D       C        B      B          B          D        D                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      section 7 the rate is Fixed and per section 11 the payments during the draw and repayment periods will reduce the principal balance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-12): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC
[redacted] [redacted] [redacted] [redacted] 26217668 33039202                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/18/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26399172 33175865                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-12): XXXXX                                                                                                        05/12/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                        letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-12): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 26399172 33175866                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-12): XXXXX                                                                                                        05/12/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-12): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 26399172 33175886                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 21628938 33124492                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.04728% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $2,461.11 or 1.04728%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            03/28/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,511.11 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,050.00 (an overage of $2,461.11 or 1.04728%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26461512 33094934                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-24): XXXXX                                                                                                                   03/24/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NM        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26461512 33107044                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing VVOE or Paystub dated within 10 business days of close, OR Verification of existence of business within 10 calendar days of close by third party CPA,        Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-21): XXXXX                                                                                                                   04/21/2025 2          C          B          C          B          C          B          C          B          C          B                NM        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   assistance required by guidelines.                                                                                                                                   Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-18): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-04-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 22262239 33175622                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 27601674 33306852                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-22): XXXXX                                                                                                                   04/22/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27996996 33073784                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          D          A          A          A          N/A        A                     A          D          A                LA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27996996 33073822                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy Effective Date is after closing.                                                                                                                                                                                         The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX. Provide a revised                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-03-25): XXXXX                                                                                             03/25/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                           homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26095294 33037650                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-24): XXXXX                                                                                             03/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25243577 33131312                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.36267% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,044.00 or 1.36267%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,544.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,044.00 or 1.36267%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29094701 33124409                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25420385 33292197                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Two-year verification of income is required.                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                MS        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29783490 33074267                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.26349% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $47.95 or 4.26349%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/20/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,092.95 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $47.95 or 4.26349%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29783490 33074544                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          D          A          A          A          N/A        A                     A          D          A                AZ        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 23221256 33079800                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23221256 33079823                         Credit     Credit         Credit         Credit         Missing Document: Subordination Agreement not provided                                                                                                                                                                                               Kindly provide subordination agreement for XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21733257 33175734                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $2,820.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            04/04/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,050.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,230.00 (an overage of $2,820.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21733257 33175745                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/04/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27810224 33136750                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/28/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21562658 33146220                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,908.00 or 2.00410%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,750.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,850.00 (an overage of $3,900.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29993506 33082637                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-03-20): XXXXX                                                                                                                   03/20/2025 2          A          N/A        A          A          N/A        N/A                              A          A                KY        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29993506 33090259                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing VVOE or Paystub dated within 10 business days of close, OR Verification of existence of business within 10 calendar days of close by third party CPA,                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-28): XXXXX                                                                                             03/28/2025                       1          C          A          C          A          C          A          C          A          C          A                KY        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   assistance required by guidelines. Third party verification provided in file is dated XX/XX/XX and Note date is XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 23768958 33099449                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 23768958 33099450                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $7,064.40.  Threshold maximum is $6,000.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 23768958 33099451                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 23768958 33099452                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.88700% is in excess of the allowable     Total fees financed by lender is $7,064.40.  Threshold maximum is $6,000.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance  (1) Signed letter  D        B       B        B      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $7,064.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,064.40 or .88700%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23768958 33099453                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 23768958 33099454                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.88700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,019.40 or 5.88700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/26/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance  LOE, copy of check D        B       B        B      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $7,064.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $3,019.40 or 5.88700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23768958 33099473                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          D          A          A          A          N/A        A                     A          D          A                IN        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 23768958 33099477                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/26/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24644768 33176669                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          D          A          A          A          N/A        A                     A          D          A                NJ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 29937005 33096149                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 29937005 33096155                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          D          A          A          A          N/A        A                     A          D          A                NC        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 24092800 33130573                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after 1XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24092800 33130685                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00      HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24092800 33130686                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,065.82Threshold maximum is $2,726.75                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24092800 33130687                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24092800 33130688                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.62175% is in excess of the allowable     Points and Fees on subject loan of 5.62175% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,065.82 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,065.82 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $2,726.75                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $339.07 or .62175%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24092800 33130689                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24092800 33130690                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.62175% is in excess of the investor allowable       XXXXX Points and Fees threshold exceeded by $339.07 or .62175%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 03/31/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,065.82 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,726.75 (an overage of $339.07 or .62175%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22876611 33145876                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $705.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/02/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,750.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $705.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25825919 33304715                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,953.80 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,998.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,953.80 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25825919 33304727                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25825919 33304733                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 23886701 33061068                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $5,249.98 or 1.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/19/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,128.88 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,878.90 (an overage of $5,249.98 or 1.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23886701 33061103                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/19/2025 2          A          N/A        A          A          N/A        N/A                              A          A                LA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23886701 33061105                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/19/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24070496 33090130                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.73400% is in excess of the investor allowable       Points and Fees on subject loan of 4.73400% is in excess of the investor allowable maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/24/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total          (XXXXX). Points and Fees total $5,207.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,207.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,162.40 or 4.73400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24070496 33090191                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area. The most recent inspection is dated prior to the recent FEMA disaster. Disaster end date was XX/XX/XX.                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       Provide a post-disaster inspection report showing no damage to the property.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 20709021 33087256                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.94286% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $141.60 or 4.94286%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,186.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $141.60 or 4.94286%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20709021 33087262                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26525456 33093961                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.44375% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $87.50 or 3.44375%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,132.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $87.50 or 3.44375%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29258909 33206322                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              The file is missing a copy of the Approval.                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 26686662 33095396                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32740% is in excess of the investor allowable       Points and Fees on subject loan of 3.32740% is in excess of the investor allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                 03/25/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,318.50 on a Federal Total Loan Amount of $8,318.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,500.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $818.50 or .32740%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20083566 33084343                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.30738% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $614.75 or .30738%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,614.75 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $614.75 or .30738%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20083566 33084404                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/24/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23747448 33038594                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23747448 33038603                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     Flood Certificate is missing in the file.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-03-20): XXXXX                                                                                             03/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 23747448 33038756                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Flood Hazard Zone                                                                                            Federal Compliance - (Missing Data) Flood Hazard Zone: Special Flood Hazard Zone indicator was not provided. The         Flood Certificate not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-26): XXXXX                                                                                             03/26/2025                       1          B          A          B          A          B          A          B          A          B          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              applicable flood zone related testing cannot be performed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 20309646 33094516                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21116420 33081559                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        The file is missing copy of Warrantable document.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                MI        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25051640 33353199                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     D        A       A        A      C          A          D        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25051640 33353223                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          D          A          A          A          N/A        A                     A          D          A                IL        Primary    Refinance                     D        A       A        A      C          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 27917143 33153993                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.24500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $200.00 or 4.24500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,245.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $200.00 or 4.24500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27917143 33154000                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21328498 33062351                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        XXXXX : Mortgage Statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-03-20): XXXXX                                                                                             03/20/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 21328498 33062377                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 25390379 33175817                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.02600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $65.00 or .02600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          04/04/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,565.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $65.00 or .02600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26802142 33228813                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.29500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,246.82 or 1.29500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,451.82 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,205.00 (an overage of $2,246.82 or 1.29500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22088493 33249547                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20787584 33111561                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20787584 33111562                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $10,000.  Threshold maximum is $10,750.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20787584 33111582                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20787584 33111583                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.37500% is in excess of the allowable     Points and Fees on subject loan of 5.37500% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $10,750.00 on a                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $10,750.00 on a Federal Total Loan Amount of   Federal Total Loan Amount of $XXXXX vs. an allowable total of $10,000.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $750.00 or .37500%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20787584 33111584                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 20787584 33111585                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.37500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,750.00 or 2.37500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/27/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,750.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $4,750.00 or 2.37500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22068316 33383191                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-05): XXXXX                                                                                             05/05/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 22068316 33383198                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22068316 33383223                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29350698 33228940                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.73000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,014.70 or .73000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/14/2025 2          B          B          B          B          B          B          B          B          B          B                ID        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,184.70 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,170.00 (an overage of $1,014.70 or .73000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21639333 33087955                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 22369627 33109927                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/27/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20478536 33452724                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.94425% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $284.29 or 3.94425%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/16/2025 2          B          B          B          B          B          B          B          B          B          B                OK        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,329.29 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $284.29 or 3.94425%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20478536 33452734                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/16/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OK        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20478536 33453677                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lender Exception approving 20 acre SFR in OK with woods, no evidence of farming. Compensating factors are CLTV of 59%, DTI of 29.31% FICO of 696 No history of       Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-05-20): XXXXX                                                                                                                   05/20/2025 2          C          B          C          B          C          B          C          B          C          B                OK        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   Mortgage Lates and Fixed qualifying income. Client to review.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Loan to Value (LTV) on the loan is less than or equal to 70%.                                                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is less than or equal to 35%.                                                                                                                                                                                                                    SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score is above 680.                                                                                                                                                                                                                                     SitusAMC
[redacted] [redacted] [redacted] [redacted] 25943447 33579514                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-06-11): XXXXX                                                                                                                   06/11/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25943447 33579550                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 190                    Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory.                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-09): XXXXX                                                                                                                   06/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29051797 33286070                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy Effective Date is after closing.                                                                                                                                                                                         The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                           homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 29051797 33286371                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. One or more AVMs were provided. Vendor/FSD of at least one AVM does not meet Fitch criteria. Sec                                                                                                                          Per guidelines, a full appraisal is required for LTV greater than 65%.                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          A          A          D          A          A          A                     A          A          A                IN        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 220                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29051797 33319502                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              1008 in file shows a property value that does not match the valuations in file.                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29051797 33352163                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided, one of which does not support value. One or more secondaries                                                                                                                           Loan is to be securitized. Multiple valuations were provided, one of which does not support value. One or more secondaries support value. No CU or LCA providing                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1                     A                     A                     A                     A                     A                IN        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation support value. No CU or LCA providing relief are in evidence. A secondary AVM did not support value, and no higher product                                                                                                                           relief are in evidence. A secondary AVM did not support value, and no higher product is provided to support value.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                              is provided to support value. Sec ID: 199                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 29051797 33473810                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided, one of which does not support value. One or more secondaries  Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-20): XXXXX                                                                                                                   05/20/2025 2                     A                     A                     A                                           B                IN        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation support value. No CU or LCA providing relief are in evidence. Sec ID: 200                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21659597 33285816                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/21/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22044028 33292234                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              A loan approval was not provided in the file. Please provide a document reflecting the loan was approved and the terms of the approval (LTV, DTI, FICO, etc.)                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 22044028 33292243                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 22044028 33292267                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for Securitization purpose. CU score was also provided                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           04/21/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22021494 33182682                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 52.50675% exceeds Guideline total debt ratio of 50.00000%. Due to missing a copy of the existing first lien note                                                                                                                                                                                                                                                                                                      Seller Comment (2025-04-11): XXXXX                                                                                               04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      or monthly mortgage statement confirming breakdown of PITI to verify the credit report payment includes escrows for taxes and insurance. Without the breakdown the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                         full credit report payment is considered P&I.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 28949046 33080143                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Rate lock document is missing. Kindly provide Rate lock document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28949046 33080144                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.44200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,379.30 or 1.44200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,329.30 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,950.00 (an overage of $2,379.30 or 1.44200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27065717 33099876                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/26/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28931220 33134166                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28931220 33134244                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22740567 33149101                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing HOA verification for subject property.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23776500 33333299                         Credit     Loan Package   Application /  Loan Package   Mismatch of data related to Occupancy.                                                                                      -                                                                                                                        Subject is refinance of Investment. Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary residence.                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 23776500 33344960                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not High Cost and Not Higher Priced                                                                The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary residence.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Investment).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                               (other than                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29004232 33112778                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          D          A          A          A          N/A        A                     A          D          A                NY        Investment Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 28799777 33082526                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-03-27): XXXXX                                                                                             03/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 23673133 33277504                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Notary date was missing in security instrument.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 28316506 33289119                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing VVOE or Paystub dated within 10 business days of close, OR Verification of existence of business within 10 calendar days of close by third party CPA,        Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-29): XXXXX                                                                                                                   04/29/2025 2          C          B          C          B          C          B          C          B          C          B                GA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   assistance required by guidelines.                                                                                                                                   Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-25): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC            Seller Comment (2025-04-25): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 24950531 33152674                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.01910% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $33.43 or .01910%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       B        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,283.43 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $33.43 or .01910%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24950531 33152676                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling  disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24950531 33152683                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 24950531 33152688                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24178356 33082862                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 4.00000%)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        03/21/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 4.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24178356 33082956                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/21/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21971105 33124500                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX  declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21971105 33124507                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 21971105 33131122                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28147636 33183860                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20907855 33228010                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-14): XXXXX                                                                                                                   04/14/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21244827 33140652                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.36400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,182.40 or 1.36400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/01/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,982.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $2,182.40 or 1.36400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21244827 33140677                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24307444 33182815                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/07/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                           status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26696455 33181082                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file is missing document of rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             04/07/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21562324 33081800                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25123788 33080898                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.24027% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,071.25 or 1.24027%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,081.25 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,010.00 (an overage of $2,071.25 or 1.24027%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28001724 33100030                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20553072 33276263                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File does not have Mortage Statement in file.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29814394 33249510                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.17000% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $187.00 or .17000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/16/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $5,687.00 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $187.00 or .17000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29369611 33140650                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,660.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,650.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $6,990.00 (an overage of $4,660.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29369611 33140658                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the Title Evidence.                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 27817260 33228884                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/15/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27817260 33228885                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/15/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27817260 33228886                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          B          A          B          A          B          A          B          A          B          A                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 27817260 33228887                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   Last Date Rate Set and Initial Rate Lock Date not provided. Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/15/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22633147 33284749                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.31690% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,172.88 or 1.31690%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/18/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,122.88 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,950.00 (an overage of $2,172.88 or 1.31690%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28473508 33361891                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2          A          N/A        A          A          N/A        N/A                              A          A                WA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22879154 33118644                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceeded by $1,555.00 or 5.00000.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,600.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,555.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22879154 33123436                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23419806 33196956                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.53430% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $726.12 or .53430%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/09/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,803.12 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,077.00 (an overage of $726.12 or .53430%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26452378 33350131                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.87308% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $97.12 or 4.87308%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,142.12 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $97.12 or 4.87308%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26452378 33350133                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-12): XXXXX                                                                                                        05/12/2025            2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance  TILA ROR - Provide C        B       C        A      C          B          A        B                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                        letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-12): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-30): XXXXX                                                                                                                                                                                                                                                                                             using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 26452378 33350134                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-12): XXXXX                                                                                                        05/12/2025            2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance  TILA ROR - Provide C        B       C        A      C          B          A        B                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-12): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-30): XXXXX                                                                                                                                                                                                                                                                                             using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 26452378 33350151                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the Title Evidence.                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 26452378 33828404                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-02): XXXXX                                                                                                                   07/02/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20216941 33100695                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/26/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MI        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23626206 33087160                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29513671 33079528                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not High Cost and Not Higher Priced                                                                The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        Initial loan application indicates the borrower intends to occupy the subject as a primary residence, the final 1003 correctly reflects the occupancy status.                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-27): XXXXX                                                                                                                   03/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Second     Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Second Home).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Home       - Cash-out
                                                                                                                               (other than                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-03-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29513671 33079559                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Second     Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24161007 33191084                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.34870% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,009.56 or 1.34870%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/08/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,479.56 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,470.00 (an overage of $2,009.56 or 1.34870%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24161007 33191086                         Compliance Compliance     State          State Defect   (State High Cost Provision) Georgia High-Cost Loan (Counseling Requirement)                                                 XXXXX High-Cost Loan: No evidence that borrower received counseling on the advisability of the loan transaction.         No evidence that borrower received counseling on the advisability of the loan transaction.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-11): XXXXX                                                                                             06/11/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Georgia High Cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX                                                                                                                                                                                                                                                                                               Loan threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24161007 33191087                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Georgia High-Cost Loan  (Fair Lending Notice Not on Note and/or Security Instrument)           XXXXX High-Cost Loan:  Required GFLA Notice is not displayed on all documents that create a debt or pledge property as   Required GFLA Notice is not displayed on all documents that create a debt or pledge property as collateral.                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-11): XXXXX                                                                                             06/11/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                collateral.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Georgia High Cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX                                                                                                                                                                                                                                                                                               Loan threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24161007 33191088                         Compliance Compliance     State          State Defect   (State High Cost) Georgia High-Cost Loan (Points and Fees)                                                                  XXXXX Fair Lending Act: Points and Fees on subject loan of 5.03081% is in excess of the allowable maximum of  5.00000%   Points and Fees on subject loan of 5.03081% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $7,495.91 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-11): XXXXX                                                                                                        06/11/2025            2          C          B          C          B          C          B          C          B          C          B                GA        Primary    Refinance  Within 90 days of  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of the Total Loan Amount. Points and Fees total $7,495.91 on a Total Loan Amount of $XXXXX vs. an allowable total of     Loan Amount of $XXXXX vs. an allowable total of $7,450.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out loan closing and
                                                                                                                                                                                                                                                                          $XXXXX (an overage of $45.91 or .03081%).  Non-Compliant High-Cost Loans.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    prior to receiving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower: (a)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             offer restitution
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX                                                                                                                                                                                                                                                                                             and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             adjustments; or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX                                                                                                                                                                                                                                                                                               (b) to correct
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure related to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             financing of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             insurance, make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             restitution by
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             returning premiums
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             paid plus interest
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             charged on the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             premiums upon
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             receipt of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             90 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).  Note, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 29492070 33183250                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25980250 33229806                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 26688515 33279031                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.90683% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $$643.20 or 3.90683%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/17/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,688.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $643.20 or 3.90683%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20286709 33123732                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 20286709 33123744                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24096829 33189990                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.53330% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $418.64 or .53330%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,343.64 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,925.00 (an overage of $418.64 or .53330%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24096829 33190289                         Compliance Compliance     Federal        TILA           Federal HELOC Ability to Repay Reliable Documentation                                                                       Truth in Lending Act (HELOC):  Borrower's ability to repay not verified with reliable documentation.                     Borrower's ability to repay not verified with reliable documentation.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24096829 33190290                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24096829 33190291                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24096829 33190292                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24096829 33190293                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24096829 33190294                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.53330% is in excess of the allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,343.64 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $418.64 or .53330%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24096829 33190295                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23553496 33148251                         Credit     Title          General        Title          Final Title Policy Coverage is less than Original Loan Amount.                                                                                                                                                                                       The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23553496 33148252                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29130134 33124681                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application        RESPA Disclosure Rule (Dodd-Frank XXXXX): List of Homeownership Counseling Organizations not provided to applicant       The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                03/28/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                within three (3) business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21628618 33085201                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-03-27): XXXXX                                                                                                                   03/27/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 20048449 33124425                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     03/28/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24478914 33087361                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 23644588 33152369                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.51500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $695.75 or 4.51500%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,740.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $695.75 or 4.51500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23644588 33152376                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26422716 33180544                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              The file was missing a copy of the Loan Approval.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 27472666 33176587                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/07/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27472666 33176588                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/07/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22602252 33341709                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-28): XXXXX                                                                                                                   04/28/2025 2          A          N/A        A          A          N/A        N/A                              A          A                PA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27010899 33176400                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23339147 33148344                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23339147 33148393                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23339147 33148394                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 23339147 33148395                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23339147 33148396                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.74115% is in excess of the allowable     Points and Fees on subject loan of 5.60900% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $5,687.53 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,821.53 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $5,070.00.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $751.53 or .74115%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23339147 33148397                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23339147 33148398                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.74115% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,642.53 or 5.60900%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,821.53 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,776.53 or 5.74115%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27638959 33176618                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 27638959 33176621                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-17): XXXXX                                                                                             04/17/2025                       1          A          A          A          A          A          A          A          A          A          A                CO        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 22181591 33094647                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          D          A          A          A          N/A        A                     A          D          A                MI        Investment Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 22181591 33094660                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     Flood Certificate was missing on this file.                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-02): XXXXX                                                                                             04/02/2025                       1          C          A          C          A          C          A          C          A          C          A                MI        Investment Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 21968928 33427764                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.33988% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $543.80 or .33988%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,343.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $543.80 or .33988%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21968928 33427774                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 23013502 33233082                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.92500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $722.40 or 4.92500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/14/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,767.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $722.40 or 4.92500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23013502 33233087                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 22576148 33533089                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-02): XXXXX                                                                                                                   06/02/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MT        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22576148 33533105                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/02/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22376377 33286211                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        Missing documentation from lender/seller confirming the condo is warrantable project.                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29620376 33113456                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation from lender/seller confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 27500935 33183272                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.07695% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $146.20 or .07695%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,846.20 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,700.00 (an overage of $146.20 or .07695%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20987441 33231387                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.50600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $728.64 or 0.50600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/14/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,048.64 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,320.00 (an overage of $728.64 or .50600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24214642 33145372                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99961% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,554.48 or 4.99961%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/02/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,599.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,554.48 or 4.99961%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28828872 33285528                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided Timely)                                       XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure at Closing.                      Borrower not provided Right Not To Close Disclosure at Closing.                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21652773 33440563                         Credit     Missing        General        Missing        Missing Document: Verification of Non-US Citizen Status not provided                                                                                                                                                                                 The file is missing a copy of Verification of Non-US Citizen Status Document.                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Document                      Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21513330 33284018                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    File is missing a copy of Security instrument.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-04-22): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 21513330 33284027                         Credit     Loan Package   Closing /      Missing        Missing Document: Security Instrument - Subject Lien not provided                                                                                                                                                                                    The file is missing Security Instrument.                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          D          A          D          A          D          A          D          A          D          A                MA        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                 Documentation  Title          Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 28035690 33072744                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.75000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $1,927.50 or .75000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             03/20/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check D        B       D        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,637.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,710.00 (an overage of $1,927.50 or .75000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28035690 33072752                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-25): XXXXX                                                                                             03/25/2025                       1          D          A          A          A          N/A        A                     A          D          A                UT        Primary    Refinance                     D        B       D        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28035690 33072857                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/20/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     D        B       D        B      B          B          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28035690 33092646                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                             Loan amounts greater than $250,000 require a full appraisal.                                                                                                         Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-03-25): XXXXX                                                                                                                   03/25/2025 2          D          B          D          B          D          B          D          B          D          B                UT        Primary    Refinance                     D        B       D        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-24): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-03-24): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC
[redacted] [redacted] [redacted] [redacted] 20651867 33286218                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Notice of Special Flood Hazard Disclosure was not provided at least 10 business days prior to closing date.                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29101357 33175011                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $954.00 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,999.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $954.00 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28039208 33140225                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.54581% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,085.87 or 1.54581%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/01/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,133.96 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,048.09 (an overage of $2,085.87 or 1.54581%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28039208 33140229                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 20532887 33141354                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.48186% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $843.25 or .48186%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/01/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,093.25 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $843.25 or .48186%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28080954 33228707                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 28080954 33228708                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 28080954 33228709                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,013.00.  Threshold maximum is $5,000.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 28080954 33228710                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 28080954 33228711                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.01300% is in excess of the allowable     Points and Fees on subject loan of 5.01300% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $5,013.00 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,013.00 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $13.00 or .01300%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $13.00 or .01300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28080954 33228712                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 28080954 33228713                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.01300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $968.00 or 5.01300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,013.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $968.00 or 5.01300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28080954 33228722                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27010789 33367467                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/01/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27010789 33367491                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        The file was missing proof   each valuation was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/01/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27010789 33367492                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        The file was missing proof   each valuation was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/01/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28839124 33182568                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27297797 33217556                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.68600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $641.00 or 4.68600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/11/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,686.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $641.00 or 4.68600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23371288 33302254                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/22/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23371288 33302256                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/22/2025 2          A          N/A        A          A          N/A        N/A                              A          A                SC        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25143235 33134305                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24941063 33332052                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/25/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25928252 33228773                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy effective date is after the funds disbursed.                                                                                                                                                                             The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                           homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 22285624 33145865                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.82500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $929.58 or 4.82500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/02/2025 2          B          B          B          B          B          B          B          B          B          B                WI        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,974.58 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $929.58 or 4.82500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22285624 33145892                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy Effective Date is after closing.                                                                                                                                                                                         The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX.  Provide a revised homeowner's insurance declaration page or policy                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                WI        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                           verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21766227 33428289                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21766227 33428299                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.93350% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $$1,186.55 or 3.93350%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,231.55 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,186.55 or 3.93350%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20173040 33188240                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 20173040 33188241                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 20173040 33188242                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.51500% is in excess of the allowable     Points and Fees on subject loan of 5.51500% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $10,092.45 on a                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $10,092.45 on a Federal Total Loan Amount of   Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $942.45 or .51500%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $942.45 or .51500%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20173040 33188243                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.51500% is in excess of the investor allowable       Points and Fees on subject loan of 5.51500% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                  04/08/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,092.45 on a Federal Total Loan Amount   $10,092.45 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $5,490.00 (an overage of $4,602.45 or 2.51500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $5,490.00 (an overage of $4,602.45 or 2.51500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20173040 33188260                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Remove/Clear Exceptions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 20173040 33188262                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 21314894 33145649                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     D        B       A        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21314894 33145650                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     D        B       A        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21314894 33145651                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.26800% is in excess of the allowable     Total fees financed by lender is $2,674.50.  Threshold maximum is $2,500.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  (1) Signed letter  D        B       A        A      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,634.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $134.00 or .26800%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX                                                                                                                                                                                                                                                                                               compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX                                                                                                                                                                                                                                                                                               Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-22): XXXXX                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX                                                                                                                                                                                                                                                                                               violations noted.
[redacted] [redacted] [redacted] [redacted] 21314894 33145652                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.61700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $174.50 or .34900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/02/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check D        B       A        A      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,808.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,500.00 (an overage of $308.50 or .61700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21314894 33145654                         Compliance Compliance     State          State Defect   (State High Cost) Ohio Covered Loan (Points and Fees)                                                                       XXXXX Anti-Predatory Lending Act: Points and Fees on subject loan of 5.26800% is in excess of the allowable maximum of   Points and Fees exceed allowable threshold by $174.50 or .34900%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    D        B       A        A      C          B          D        A                            No
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $2,634.00 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $134.00 or .26800%).  Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21314894 33145675                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          D          A          A          A          N/A        A                     A          D          A                OH        Primary    Refinance                     D        B       A        A      C          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 24792845 33175889                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The Preliminary title policy amount is blank.                                                                                                                        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24792845 33176918                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 29453857 33142201                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29453857 33142202                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29453857 33142203                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29453857 33142204                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.88271% is in excess of the allowable     XXXXX Points and Fees exceed allowable threshold by an average of   $569.35 or .88271%.                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,794.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $569.35 or .88271%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29453857 33142205                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29453857 33142206                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.88271% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of   $569.35 or .88271%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/01/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,794.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,225.00 (an overage of $569.35 or .88271%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29835788 33216977                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 25539965 33249648                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.74527% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,421.56 or 1.74527%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/16/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,584.06 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,162.50 (an overage of $2,421.56 or 1.74527%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27648245 33286151                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27648245 33286176                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy Effective Date is after closing.                                                                                                                                                                                         The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                PA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                           homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 20817043 33276196                         Credit     Loan Package   Closing /      Collateral     Security Instrument is not signed by borrower(s).                                                                                                                                                                                                    The file was missing a copy of the signed Security Instrument Document.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-06): XXXXX                                                                                             05/06/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      A          B          A        A                            No
                                                                                                 Documentation  Title                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 20817043 33328063                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Notary date is missing in Security Instrument                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2                     B                     B                     B                     B                     B                GA        Primary    Refinance                     C        B       C        A      A          B          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 24217608 33276959                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/17/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24217608 33277094                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Investment Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29087703 33280653                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Investment Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 29087703 33281435                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/17/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27398054 33278318                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Investment Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27398054 33278820                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        REO mortgage statement not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 27398054 33279375                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/17/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24275854 33333364                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 24275854 33333390                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/28/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23167208 33175216                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.06460% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $92.05 or .06460%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,367.05 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,275.00 (an overage of $92.05 or .06460%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23167208 33175223                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The Preliminary title policy amount is blank.                                                                                                                        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20331641 33111438                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 21153954 33176656                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23832860 33131101                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99910% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $679.15 or 4.99910%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,724.15 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $679.15 or 4.99910%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29662760 33229545                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 20509901 33131795                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/31/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20587911 33198530                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221                                                                                                                                        Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CO        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23403153 33175344                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Second     Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23403153 33175377                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.01290% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $6.45 or .01290%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           04/07/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Second     Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,506.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Home       - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,500.05 (an overage of $6.45 or .01290%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21715230 33247364                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28234767 33214705                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              The file was missing a copy of the Approval document.                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                IA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 22699527 33306580                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 60.36022% exceeds Guideline total debt ratio of 50.00000% due to 4 liabilities listed on the credit report being                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                AR        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      included in DTI calculation without documentation verifying they were paid off or exclusion reason.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20487379 33326531                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file is missing a copy of initial rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/24/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20487379 33326547                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/24/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20487379 33326563                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/24/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24635195 33385821                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 187               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-06): XXXXX                                                                                                                   05/06/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IA        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 27628039 33198816                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     The file was missing a copy of the Flood certificate.                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                ID        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27083162 33242383                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 27538631 33152470                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27538631 33152484                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy effective date is after the funds disbursed.                                                                                                                                                                             The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                           homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 28949578 33229523                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $755.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,800.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $755.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28949578 33229547                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 28949578 33851209                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-08): XXXXX                                                                                                                   07/08/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28404479 33190574                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,902.38 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,255.95 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,353.57 (an overage of $2,902.38 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27988676 33333860                         Compliance Compliance     State          State Defect   (State High Cost Provision) South Carolina High-Cost Loan (Financed Fees Exceeds Threshold)                                 XXXXX High-Cost Loan: Points and fees financed into loan exceed 2.5% of total loan amount.                               Points and fees financed into loan exceed 2.5% of total loan amount.                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-01): XXXXX                                                                                             05/01/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance  See any available  C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    South Carolina
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX                                                                                                                                                                                                                                                                                               High-Cost Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 27988676 33333861                         Compliance Compliance     State          State Defect   (State High Cost) South Carolina High-Cost Loan (Points and Fees)                                                           XXXXX High-Cost and Consumer Home Loan Act: Points and Fees on subject loan of 5.55450% is in excess of the allowable    Points and Fees exceed allowable threshold by $231.10 or .55450%                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-01): XXXXX                                                                                             05/01/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance  (Limited Use Bona  C        A       C        A      C          A          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Total Loan Amount. Points and Fees total $2,314.95 on a Total Loan Amount of $XXXXX vs. an                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out Fide Errors -
                                                                                                                                                                                                                                                                          allowable total of $XXXXX (an overage of $231.10 or .55450%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX                                                                                                                                                                                                                                                                                               Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             45 days after the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide: (1) Legal
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             opinion from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             originating lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             with loan-specific
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             details on how a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost loan was
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             made despite
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).  Note, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 27988676 33334070                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 27988676 33334071                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          A          A          A          A          A          A          A          A          A          A                SC        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 25169585 33304354                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.39783% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $32.40 or 3.39783%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,077.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $32.40 or 3.39783%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25169585 33304387                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 22543087 33217226                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX based on the Commitment in file.                                                            Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/11/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23248677 33142218                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99993% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,704.92 or 4.9999%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/01/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,749.92 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,704.92 or 4.99993%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25311716 33218206                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.62200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $301.40 or 3.62200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/11/2025 2          B          B          B          B          B          B          B          B          B          B                KY        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,346.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $301.40 or 3.62200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25311716 33218216                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/11/2025 2          B          B          B          B          B          B          B          B          B          B                KY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25311716 33218225                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                KY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 25329305 33175175                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.97600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,030.08 or .97600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,270.08 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,240.00 (an overage of $2,030.08 or .97600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28941141 33182971                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 28941141 33182972                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 28941141 33182973                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 28941141 33182974                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 28941141 33182975                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.12200% is in excess of the allowable     Total fees financed by lender is $6,658.60. Threshold maximum is $6,500.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $6,658.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $158.60 or .12200%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28941141 33182976                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 28941141 33182977                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.12200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,613.60 or 5.12200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,658.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,613.60 or 5.12200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20898191 33183862                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20898191 33198583                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing a copy of the 1007 comparable rent schedule for the subject property to support the lease agreement provided.                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 29455554 33141640                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23163717 33756432                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/27/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23163717 33756434                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 23163717 33756458                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-26): XXXXX                                                                                                                   06/26/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                IL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20764904 33108276                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for Securitization purpose.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                OR        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23462897 33109017                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The fie is missing a copy of the valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                DE        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21492452 33109576                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 27267766 33108663                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-01): XXXXX                                                                                             04/01/2025                       1          D          A          A          A          N/A        A                     A          D          A                OR        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 26808295 33110991                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                                                                                                                                           The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-03-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 26808295 33110996                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Seller Comment (2025-04-03): XXXXX                                                                                               04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26808295 33111382                         Credit     Guideline      Guideline      Guideline      Guidelines require two years of Tax Transcripts (1040) when 1040 personal tax returns were used to qualify. File contains   -                                                                                                                        File was missing 1040 transcripts for XXXXX & XXXXX. Guidelines require two years of Tax Transcripts (1040) when 1040 personal tax returns were used to qualify.     Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                Issue                         fewer than two 1040 transcripts.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-03): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-04-03): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 20680510 33110718                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24586141 33109027                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.92068% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,292.71 or 1.92068%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      03/27/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,997.71 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $6,705.00 (an overage of $4,292.71 or 1.92068%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24586141 33109033                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 138                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          D          A                     A          D          A                FL        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29320903 33108761                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              03/31/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26319905 33110035                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 182                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          A          A          D          A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 27567549 33110553                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27567549 33110557                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27567549 33110852                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 49.79616% exceeds Guideline total debt ratio of 45.00000%. Lender excluded Coasthills Credit Union installment                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      for $755 monthly, however documentation to support the omission was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 21008141 33112669                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CO        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27510261 33112174                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.40128% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $782.50 or .40128%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/31/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,632.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,850.00 (an overage of $782.50 or .40128%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26603609 33111749                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                OR        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26265110 33112419                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26265110 33139213                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26265110 33186454                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. No CU or LCA provided. Sec                                                                                                                             Appraisal value is $XXX. AVM value is $XXX, a -21.0832% variance.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1                     A                     A                     A                     A                     A                CA        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 142                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26265110 33186734                         Property   Valuation      General        Valuation      Valuation Product pending                                                                                                                                                                                                                            XXXXX / XXXXX - No MLS Sheets - 2 Days                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-07): XXXXX                                                                                             04/07/2025                       1                     A                     A                     A                     A                     A                CA        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 26265110 33203467                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided. One or more secondary valuations support value.  One non-     Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Multiple valuations were provided. One or more secondary valuations support value. One non-supporting secondary valuation with an                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation supporting secondary valuation with an effective date within 12 months of note date was provided. No CU or LCA providing                                                                                                                             effective date within 12 months of note date was provided. No CU or LCA providing relief are in evidence.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                              relief are in evidence. Sec ID: 147                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 29716085 33112043                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 138                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          D          A                     A          D          A                CO        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24865871 33110958                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. The provided CU and/or LCA do                                                                                                                          The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1          C          A          A          A          C          A                     A          D          A                IL        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation not provide relief. Sec ID: 143                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24865871 33185096                         Property   Valuation      General        Valuation      Valuation Product pending                                                                                                                                                                                                                            XXXXX / XXXXX - No MLS Sheets - 2 Days                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-08): XXXXX                                                                                             04/08/2025                       1                     A                     A                     A                     A                     A                IL        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24865871 33210798                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided. One or more secondary valuations support value.  One non-     Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Multiple valuations were provided. One or more secondary valuations support value. One non-supporting secondary valuation with an                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2                     A                     A                     A                                           B                IL        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation supporting secondary valuation with an effective date within 12 months of note date was provided. No CU or LCA providing                                                                                                                             effective date within 12 months of note date was provided. No CU or LCA providing relief are in evidence.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                              relief are in evidence. Sec ID: 147                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 29064051 33118197                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 23762173 33139226                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Missing Home Equity Disbursement Statement or final settlement statement reflecting the existing second lien was paid off through closing. HUD in file only reflects                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-03-31): XXXXX                                                                                             03/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   cash to borrower with no mortgage being paid off.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-03-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 29869941 33109243                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21796561 33113626                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                SC        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20812156 33111721                         Credit     Asset          Asset          Asset          Available for Closing is insufficient to cover Cash From Borrower.                                                                                                                                                                                   Verified assets in the amount of $8,921.37 are insufficient to meet reserves requirement of $1,118,798.95                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Purchase                      D        A       D        A      A          A          A        A                            No
                                                                                                                Calculation /
                                                                                                                Analysis
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 20812156 33111736                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    Senior lien statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          D          A          D          A          D          A          D          A          D          A                FL        Primary    Purchase                      D        A       D        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 20812156 33151320                         Credit     Credit         Credit         Guideline      Missing Document: Asset not provided                                                                                                                                                                                                                 Missing required settlement statement showing gift of equity.                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-10): XXXXX                                                                                             04/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Purchase                      D        A       D        A      A          A          A        A                            No
                                                                                                                Documentation

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 20812156 33182843                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 138                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1                     A                     A                     A                     A                     A                FL        Primary    Purchase                      D        A       D        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal
[redacted] [redacted] [redacted] [redacted] 24338893 33112221                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided, with no CU or LCA.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                OK        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28656275 33110350                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The fie is missing a copy of the valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Investment Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24676966 33110425                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.28186% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $439.65 or .28186%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         03/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       C        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,119.11 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,679.46 (an overage of $439.65 or .28186%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24676966 33110435                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of 53.69729% exceeds Guideline total debt ratio of 50.00000%. Due to mortgage insurance.                             Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-07): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-04-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24676966 33110457                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25805990 33111108                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    File does not have Note - Senior Lien in file.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-04): XXXXX                                                                                             04/04/2025                       1          D          A          D          A          D          A          D          A          D          A                CA        Primary    Refinance                     D        A       D        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 25805990 33111930                         Credit     Guideline      Guideline      Guideline      Guidelines require two years of Tax Transcripts (1040) when 1040 personal tax returns were used to qualify. File contains   -                                                                                                                        Guidelines require two years of Tax Transcripts (1040) when 1040 personal tax returns were used to qualify. File contains fewer than two 1040 transcripts.                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        A       D        A      A          A          D        A                            No
                                                                                                                Issue                         fewer than two 1040 transcripts.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 25805990 33111969                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-03): XXXXX                                                                                             04/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       D        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29870371 33154409                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $990.30 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/03/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,035.30 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $990.30 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26550811 33175545                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99998% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,354.98 or 4.99998%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,399.98 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,354.98 or 4.99998%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26550811 33175571                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26550811 33179612                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application            RESPA Disclosure Rule: Unable to determine if Creditor provided Affiliated Business Arrangement Disclosure to applicant                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-10): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                within three (3) business days of application due to missing information.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26550811 33179613                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application        Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.                    Unable to determine compliance with timing requirements due to missing Initial Loan Application Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27548021 33283065                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             File is missing statement and review used payment on credit as 1st lien P&I payment which in an DTI that exceed guides.                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-17): XXXXX                                                                                             04/17/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 28288447 33140850                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22816612 33308110                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.87936% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $959.37 or 3.87936%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/22/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,004.37 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $959.37 or 3.87936%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24758864 33286539                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.64167% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $962.50 or .64167%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           04/18/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,462.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $962.50 or .64167%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24758864 33286549                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24224528 33333839                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.64310% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $899.90 or 4.64310%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/25/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,944.90 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $899.90 or 4.64310%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20297235 33332017                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,860.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,150.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,290.00 (an overage of $2,860.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27473487 33311884                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    The file was missing a copy of the XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          D          A          D          A          D          A          D          A          D          A                NC        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20868238 33351124                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.97999% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,053.37 or 3.97999%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       C        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,098.37 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,053.37 or 3.97999%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20868238 33351154                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date     Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-01): XXXXX                                                                                             05/01/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 20868238 33351425                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 51.52556% exceeds Guideline total debt ratio of 50.00000%. Lender used higher rental income for investment                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX                                                                                             05/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      property than calculated.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 20868238 33475657                         Credit     Credit         Credit         Guideline      Aged document: Credit Report  is more than 90 days prior to the note date.                                                  -                                                                                                                        Credit report is 142 days old as of Note date.                                                                                                                       Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2                     B                     B                     B                     B                     B                CA        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-27): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 24902745 33404785                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99040% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $344.44 or 3.99040%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/06/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,389.44 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $344.44 or 3.99040%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20402770 33228548                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             Hazard coverage is insufficient by $24,833.60.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 23436170 33313671                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.43590% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $1,615.21 or 4.43590%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            04/23/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,660.21 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,615.21 or 4.43590%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20267109 33229246                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 20267109 33229261                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24198828 33174714                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.75000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $705.00 or 4.75000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,750.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $705.00 or 4.75000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29660767 33229333                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29660767 33229374                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Investment Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 21919674 33382160                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/02/2025 2          A          N/A        A          A          N/A        N/A                              A          A                PA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21881464 33248305                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Copy of Approval is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                TN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 29747944 33277285                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $455.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/17/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,500.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $455.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29747944 33277323                         Credit     Loan Package   Application /  Loan Package   Missing Document: Missing Final 1003                                                                                                                                                                                                                 1003 Final is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-08): XXXXX                                                                                             05/08/2025                       1          C          A          C          A          C          A          C          A          C          A                MI        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27840285 33454849                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $8,613.60.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-05-23): XXXXX                                                                                             05/23/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25957922 33457680                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 187               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-16): XXXXX                                                                                                                   05/16/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AL        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29009671 33392185                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              Approval and/or 1008 not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-06): XXXXX                                                                                             05/06/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 29331205 33190181                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $109.80 or 3.99500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/08/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,154.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $109.80 or 3.99500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28788716 33198577                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The fie is missing a copy of the valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          D          A          A          A          N/A        A                     A          D          A                MI        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 28788716 33198581                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/09/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23244177 33145855                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21763835 33152088                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.88045% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,201.82 or .88045%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/03/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,296.82 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,095.00 (an overage of $1,201.82 or .88045%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23315574 33190770                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                WI        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23315574 33190771                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                WI        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23315574 33190772                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,102.76.  Threshold maximum is $$4,308.35.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                WI        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23315574 33190773                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                WI        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23315574 33190774                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.92194% is in excess of the allowable     Total fees financed by lender is $5,102.76. Threshold maximum is $4,308.35.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                WI        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,102.76 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $794.41 or .92194%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23315574 33190775                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                WI        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23315574 33190776                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.92194% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,057.76 or 5.92194%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/08/2025 2          B          B          B          B          B          B          B          B          B          B                WI        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,102.76 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,057.76 or 5.92194%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26249325 33181089                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26249325 33181094                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        The file is missing documentation confirming the condo project is warrantable.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22724793 33286640                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.54949% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $1,137.26 or 4.73266%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,182.26 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,380.00 (an overage of $802.26 or .54949%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24784593 33230541                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20520530 33152208                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22324934 33248664                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.63430% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,451.45 or 1.63430.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/16/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,951.45 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,451.45 or 1.63430%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27633539 33176616                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.87630% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $782.54 or 4.87630%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,827.54 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $782.54 or 4.87630%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27633539 33176632                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26434307 33233544                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,780.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/14/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,950.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,170.00 (an overage of $2,780.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26434307 33233565                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/14/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26434307 33233625                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 28007454 33340130                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2          A          A          A          A          A          A          A          A          A          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28007454 33340159                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $128,926.40. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-23): XXXXX                                                                                             05/23/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 28049127 33504050                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-19): XXXXX                                                                                                        06/19/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                        letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-11): XXXXX                                                                                                                                                                                                                                                                                             Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Seller Comment (2025-06-11): XXXXX                                                                                                                                                                                                                                                                                               using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 28049127 33504051                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-19): XXXXX                                                                                                        06/19/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 20197436 33302457                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2          A          A          A          A          A          A          A          A          A          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20197436 33313395                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master / blanket insurance policy.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 24406932 33367496                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Second     Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24406932 33386801                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not Tested As Primary                                                                              The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        Subject is refinance of Second home. Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Second     Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Second Home).  Determination has not     residence.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Home       - Cash-out
                                                                                                                               (other than                                                                                                                                been made as to whether the loan would be High Cost and/or HPML if ran as a Primary Residence.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24406932 33386817                         Credit     Loan Package   Application /  Loan Package   Mismatch of data related to Occupancy.                                                                                      -                                                                                                                        Subject is refinance of Second home. Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Second     Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       residence.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24406932 33405000                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not High Cost and Not Higher Priced                                                                The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2                     B                     B                     B                     B                     B                CA        Second     Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Second Home).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Home       - Cash-out
                                                                                                                               (other than                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26166121 33184150                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26166121 33185525                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Lease agreement and short-term rental statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 26166121 33243227                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 53.10056% exceeds Guideline total debt ratio of 50.00000% due negative rental income for subject property, per                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1                     A                     A                     A                     A                     A                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      final 1003 shows positive rental income. Please provide supporting document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 20370250 33189446                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.71700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,851.25 or 4.71700%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,896.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,851.25 or 4.71700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20370250 33189459                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21156065 33286011                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21156065 33286043                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22104361 33189747                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.11143% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $390.00 or .11143%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/08/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,890.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $390.00 or .11143%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22104361 33189779                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/08/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NY        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29768775 33200147                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.31900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $274.00 or 4.31900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/09/2025 2          B          B          B          B          B          B          B          B          B          B                RI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,319.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $274.00 or 4.31900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29768775 33200158                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                RI        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24784397 33198724                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $113.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-11): XXXXX                                                                                             04/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 24784397 33198748                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.43289% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $779.20 or .43289%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          04/09/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,179.20 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $779.20 or .43289%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29335470 33190855                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/08/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23727559 33287561                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.69300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,232.50 or 1.69300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/18/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,732.50 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $4,232.50 or 1.69300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28529082 33408689                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX  declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 21456525 33247231                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21352679 33227499                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/11/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     D        B       B        B      C          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21352679 33227511                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided, with no CU or LCA.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          D          A          A          A          N/A        A                     A          D          A                SC        Primary    Refinance                     D        B       B        B      C          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21352679 33227532                         Compliance Compliance     State          State Defect   XXXXX CHL Complaint Agency Disclosure Timing Test                                                                           XXXXX Home Loan: Borrower not provided with a document, at time of application, specifying the agency designated to      Borrower not provided with a document, at time of application, specifying the agency designated to receive complaints or inquiries about the origination and making                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     D        B       B        B      C          A          D        A                            No
                                                                                                                Compliance                                                                                                                                                receive complaints or inquiries about the origination and making of the loan.                                            of the loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 20303674 33118386                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   03/28/2025 2          B          B          B          B          B          B          B          B          B          B                ME        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24235398 33175214                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MD        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25870834 33229104                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.30167% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,952.50 or 1.30167%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,452.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,952.50 or 1.30167%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25870834 33229209                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29536533 33229284                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25257960 33396154                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.83600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $289.68 or 3.83600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/05/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,334.68 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $289.68 or 3.83600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25257960 33396187                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 28792732 33331862                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $925.00 or 4.97000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/25/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,970.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $925.00 or 4.97000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28792732 33331878                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     File does not have Flood Certificate document in file.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 28792732 33350008                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        The file is missing a copy of the XXXXX W-2. Per guidelines: WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          transcripts covering the most recent 2yr period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 23825665 33285302                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $372,232.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 24564887 33407127                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MI        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24564887 33408289                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $54,000.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-08): XXXXX                                                                                             05/08/2025                       1          C          A          C          A          C          A          C          A          C          A                MI        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 23841480 33285980                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29865361 33414303                         Credit     Loan Package   Application /  Loan Package   Missing Document: Missing Final 1003                                                                                                                                                                                                                 Copy of 1003 Final is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-13): XXXXX                                                                                             05/13/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 22063664 33247667                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Two years of income verification needed for income.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-06): XXXXX                                                                                             05/06/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23558595 33242744                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/15/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29723666 33174840                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $915.00 or 4.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/07/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,960.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $915.00 or 4.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28251676 33233838                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area and file does not have a Disaster Inspection report after the declared end date.                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 28251676 33233844                         Compliance Compliance     State          State Defect   XXXXX CHL Complaint Agency Disclosure Timing Test                                                                           XXXXX Home Loan: Borrower not provided with a document, at time of application, specifying the agency designated to      Borrower not provided with a document, at time of application, specifying the agency designated to receive complaints or inquiries about the origination and making                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                receive complaints or inquiries about the origination and making of the loan.                                            of the loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 24655265 33285665                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,455.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/18/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,500.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,455.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25672821 33332046                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25672821 33332050                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.XXXXX0% is in excess of the investor allowable      XXXXX Points and Fees exceed allowable threshold by $1,797.29 or 1.20140%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,285.29 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,488.00 (an overage of $1,797.29 or 1.XXXXX0%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28834870 33234086                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.65900% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by an average of  $$329.50 or .65900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,829.50 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $329.50 or .65900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28834870 33234090                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/15/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23075492 33300887                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,790.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,835.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,790.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23075492 33300961                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28416810 33312601                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 25317118 33293030                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                NC        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 23825576 33279923                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.52100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $356.25 or 3.52100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/17/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,401.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $356.25 or 3.52100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20277121 33231431                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $6,979.00 or 1.99400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $17,479.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $6,979.00 or 1.99400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20277121 33231436                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 24812506 33242954                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99968% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $204.73 or 4.99968%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/15/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,249.73 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $204.73 or 4.99968%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29243767 33416667                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-14): XXXXX                                                                                             05/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 25416432 33217538                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 25416432 33217546                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28737825 33401824                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 28737825 33401825                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,191.00 .  Threshold maximum is $5,000.00  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 28737825 33401827                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 28737825 33401835                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.19100% is in excess of the allowable     Points and Fees exceed allowable threshold of $191.00 or .19100%                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,191.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $191.00 or .19100%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28737825 33401840                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 28737825 33401844                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.19100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,146.00 or 5.19100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/06/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,191.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,146.00 or 5.19100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28129445 33446552                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.92500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $880.00 or 4.92500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/15/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,925.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $880.00 or 4.92500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21106976 33353086                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20905397 33359491                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Retained by    XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained   Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained by lender.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          B          A          B          A          B          A          B          A          B          A                OH        Primary    Refinance                     B        A       A        A      B          A          A        A                            No
                                                                                                                Compliance     Level          Lender)                                                                                                                     by lender.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 22765291 33188895                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 21363227 33233799                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        The file was missing a copy of the VVOE within the 10 business days.                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21363227 33233801                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        The file was missing a copy of the VVOE within the 10 business days.                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-15): XXXXX                                                                                             04/15/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 20046278 33208495                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24755751 33228060                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99831% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $703.39 or 4.99831%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/11/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,748.39 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $703.39 or 4.99831%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21646933 33246794                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28716442 33341434                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                         Remove/Clear Exceptions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 22102164 33291018                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month prior to Note date. Both AVM's in file is dated XX/XX/XX and Note date is XX/XX/XX.                                               Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-29): XXXXX                                                                                                                   04/29/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      C          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-28): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 22102164 33291857                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  TILA ROR - Provide C        B       C        B      C          A          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-04-24): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 22102164 33291871                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.              Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      C          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22102164 33291902                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by 24,837.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 22102164 33319108                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Business entity listing is not dated and therefore cannot be confirmed to have been obtained 10 days prior to closing.                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-29): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29169017 33189586                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23437512 33216677                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23437512 33216681                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-16): XXXXX                                                                                             04/16/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23625672 33248212                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25938983 33291115                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21012366 33190657                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99327% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,790.58 or 1.99327%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,990.58 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,200.00 (an overage of $2,790.58 or 1.99327%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20039945 33472300                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22926898 33244387                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.07705% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3.177.88 or 2.07705%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/15/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Second     Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,767.88 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Home       - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,590.00 (an overage of $3,177.88 or 2.07705%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22926898 33244477                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in FEMA Disaster area that does not have a declared end date. The appraisal was performed after the FEMA declaration start date but                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Second     Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       prior to the declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 29634248 33175247                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              File is missing copy of Loan Approval.                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-09): XXXXX                                                                                             04/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 29634248 33175259                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23344447 33284771                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                MS        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23344447 33284774                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 7.06800% is in excess of the allowable     Points and Fees exceed allowable threshold of $419.00 or -.93200%                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                MS        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the lesser of 8.00000% of the Federal Total Loan Amount or $1348.00  (XXXXX). Points and Fees of $1,767.00 on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out from borrower
                                                                                                                                                                                                                                                                          a Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $419.00 or -.93200%).  Non-                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other    indicating their
                                                                                                                                                                                                                                                                          Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Seller Comment (2025-04-21): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23344447 33284776                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 7.06800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $419.00 or 7.06800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/18/2025 2          B          B          B          B          B          B          B          B          B          B                MS        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $1348.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $1,767.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $1,348.00 and $1348.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $419.00 or 7.06800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27801050 33286554                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Investment Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27801050 33286568                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Investment Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 20948885 33396518                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          D          A          A          A          N/A        A                     A          D          A                OR        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 21333571 33217754                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing copy of Mortgage Statements for the REO (XXXXX) with the Monthly Mortgage Payment amounts of $2,100.10 from XXXXX & $2,855.57 from XXXXX (New).                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-14): XXXXX                                                                                             04/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21333571 33217762                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                                                                                                                                           The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20859567 33229496                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file was missing a copy of mortgage statement (XXXXX) for REO XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-17): XXXXX                                                                                             04/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 20859567 33229507                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.                                                                                                                                           The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 22994509 33517663                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22994509 33517674                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.01200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $7.47 or .01200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           05/29/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,119.97 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,112.50 (an overage of $7.47 or .01200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22994509 33517679                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 22994509 33517714                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,119.97.  Threshold maximum is $3,112.50.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 22994509 33517717                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 22994509 33517721                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.01200% is in excess of the allowable     XXXXX Points and Fees exceed allowable threshold by $7.47 or .01200%.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,119.97 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $7.47 or .01200%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 22994509 33517724                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 23085970 33277986                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.30075% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $255.75 or 4.30075%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,300.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $255.75 or 4.30075%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28688436 33342185                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99821% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $383.41 or 4.99821%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,428.41 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $383.41 or 4.99821%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25120420 33351096                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $830.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,875.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $830.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27564245 33327876                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-30): XXXXX                                                                                             04/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27564245 33327877                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,942.72.  Threshold maximum is $4,925.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-30): XXXXX                                                                                             04/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27564245 33327878                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-30): XXXXX                                                                                             04/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27564245 33327879                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.01799% is in excess of the allowable     Total fees financed by lender is $4,942.72.  Threshold maximum is $4,925.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-30): XXXXX                                                                                             04/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,942.72 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $17.72 or .01799%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27564245 33327880                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-30): XXXXX                                                                                             04/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27564245 33327885                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.01799% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $897.72 or 5.01799%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/25/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,942.72 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $897.72 or 5.01799%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27564245 33327921                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 26377091 33352129                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-06): XXXXX                                                                                             05/06/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26377091 33352142                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-06): XXXXX                                                                                             05/06/2025                       1          A          A          A          A          A          A          A          A          A          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 26377091 33352147                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     Copy of Flood Certificate is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-05-01): XXXXX                                                                                             05/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 26377091 33352164                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.12067% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,681.00 or 1.12067%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,181.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,681.00 or 1.12067%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27861251 33292288                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-30): XXXXX                                                                                             04/30/2025                       1          A          A          A          A          A          A          A          A          A          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 27861251 33292294                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-30): XXXXX                                                                                             04/30/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 22429265 33898441                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          B          B          A          A          A          A                                A          A                MO        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22429265 33898581                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/16/2025 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28536847 33402842                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          A          A          A          A          A          A          A          A          A          A                OR        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 28536847 33402845                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 21736606 33368660                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.49395% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $123.13 or 4.53200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/01/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,133.13 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $88.13 or 4.49395%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21736606 33368662                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Georgia High-Cost Loan  (Fair Lending Notice Not on Note and/or Security Instrument)           XXXXX High-Cost Loan:  Required GFLA Notice is not displayed on all documents that create a debt or pledge property as   The file is missing a copy of XXXXX HCL Fair Lending Notice Document.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-05-19): XXXXX                                                                                             05/19/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance  See any available  C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                collateral.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    Georgia High Cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX                                                                                                                                                                                                                                                                                               Loan threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 21736606 33368663                         Compliance Compliance     State          State Defect   (State High Cost) Georgia High-Cost Loan (Points and Fees)                                                                  XXXXX Fair Lending Act: Points and Fees on subject loan of 5.09740% is in excess of the allowable maximum of  5.00000%   Points and Fees exceed allowable threshold by $124.58 or .13546%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-19): XXXXX                                                                                             05/19/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance  Within 90 days of  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of the Total Loan Amount. Points and Fees total $4,688.13 on a Total Loan Amount of $XXXXX vs. an allowable total of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out loan closing and
                                                                                                                                                                                                                                                                          $XXXXX (an overage of $89.58 or .09740%).  Non-Compliant High-Cost Loans.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    prior to receiving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower: (a)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             offer restitution
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-14): XXXXX                                                                                                                                                                                                                                                                                             and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             adjustments; or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX                                                                                                                                                                                                                                                                                             (b) to correct
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure related to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             financing of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX                                                                                                                                                                                                                                                                                               insurance, make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             appropriate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             restitution by
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             returning premiums
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             paid plus interest
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             charged on the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             premiums upon
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             receipt of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)  Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             90 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure; (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Letter of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Explanation to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower; (5)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund of amount
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             over the high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold maximum;
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and (6) proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier).  Note, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 21736606 33368677                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/01/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29031440 33369754                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/01/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29031440 33369755                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 20835753 33152976                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.12100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $900.20 or 4.12100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,945.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $900.20 or 4.12100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20835753 33152990                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                             Calculated high loan to value percentage of ___ exceeds Guideline high loan to value percentage of ___                   Calculated high loan to value percentage of 76.97494% exceeds Guideline high loan to value percentage of 75.00000%                                                   Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-09): XXXXX                                                                                                                   04/09/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 20835753 33152991                         Credit     Credit         AUS            Guideline      Guideline Requirement: Combined loan to value discrepancy.                                                                  Calculated combined loan to value percentage of ___ exceeds Guideline combined loan to value percentage of ___.          Calculated combined loan to value percentage of 76.97494% exceeds Guideline combined loan to value percentage of 75.00000%.                                          Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-04-09): XXXXX                                                                                                                   04/09/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21395355 33229416                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26576594 33244584                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20708598 33229804                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20708598 33229835                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected. The appraisal was performed prior to the FEMA declaration start date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29773475 33277666                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29355743 33229009                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 28592198 33383336                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 21145047 33286410                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21145047 33286415                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          A          A          A          A          A          A          A          A          A          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 21145047 33286424                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26319938 33249862                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23438870 33367826                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.89500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,776.18 or 1.89500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/01/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,171.18 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,395.00 (an overage of $2,776.18 or 1.89500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23438870 33367877                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                                                                                                                                                      Calculated high loan to value percentage of 75.04557% exceeds Guideline high loan to value percentage of 75.00000%                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-14): XXXXX                                                                                             05/14/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 23438870 33367878                         Credit     Credit         AUS            Guideline      Guideline Requirement: Combined loan to value discrepancy.                                                                                                                                                                                           Calculated combined loan to value percentage of 75.04557% exceeds Guideline combined loan to value percentage of 75.00000%.                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-14): XXXXX                                                                                             05/14/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-05-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28776372 33276045                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-23): XXXXX                                                                                                        05/23/2025            2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-23): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-02): XXXXX                                                                                                                                                                                                                                                                                             using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 25652814 33304284                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.01523% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by $1,174.80 or 4.01523%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            04/22/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,219.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,174.80 or 4.01523%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29556920 33407154                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 190                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-09): XXXXX                                                                                                                   05/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                ME        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 28749392 33227893                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705063 33233728                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.90800% is in excess of the investor allowable       XXXXX Points and Fees threshold exceed allowable threshold by  $2,270.00 or .90800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            04/15/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,770.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $2,270.00 or .90800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21705063 33233740                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 21705063 33233747                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23773585 33396827                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.80200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,604.00 or .80200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,604.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $1,604.00 or .80200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20257492 33626541                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-13): XXXXX                                                                                                                   06/13/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20257492 33654949                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-16): XXXXX                                                                                             06/16/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 20257492 33655007                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Borrower's HO-6 policy provided does not reflect the insurance premium.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-06-16): XXXXX                                                                                             06/16/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 22929959 33368271                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    The file is missing Senior lien document.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          D          A          D          A          D          A          D          A          D          A                NV        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 22929959 33368289                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/01/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NV        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21224231 33866963                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.38975% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $22.70 or 3.38975%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,067.70 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $22.70 or 3.38975%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21224231 33866969                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23243208 33303708                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 23243208 33303709                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,078.24.  Threshold maximum is $4,235.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 23243208 33303710                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 23243208 33303711                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99556% is in excess of the allowable     Total fees financed by lender is $5,078.24.  Threshold maximum is $4,235.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,078.24 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $843.24 or .99556%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23243208 33303712                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 23243208 33303713                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99556% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,033.24 or 5.99556%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,078.24 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,033.24 or 5.99556%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23243208 33303719                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/22/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23243208 33303722                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29447259 33279529                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29447259 33279534                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 55.17875% exceeds Guideline total debt ratio of 50.00000%. DTI discrepancy is due to the lender using the balance                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      due on the hazard insurance instead of the actual total premium when calculating the monthly debt and the incorrect qualifying payment for the subject transaction.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 24271325 33340807                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 24271325 33340814                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-29): XXXXX                                                                                             04/29/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24852841 33360103                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23325100 33290806                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-04-21): XXXXX                                                                                                                   04/21/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22133327 33396645                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          A          A          A          A          A          A          A          A          A          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 22133327 33396656                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The Title Commitment policy amount is not provided.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-09): XXXXX                                                                                             05/09/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 26486742 33287107                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.47660% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,657.88 or 1.47660%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/18/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,057.88 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $2,657.88 or 1.47660%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26486742 33287138                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/18/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21283786 33381837                         Compliance Compliance     State          State Defect   West Virginia Residential Mortgage Lender, Broker, and Servicer Act (Borrower Not Charged for Actual Amounts of Third Party West XXXXX Residential Mortgage Lender, Broker and Servicer Act: No evidence in file to support that the borrower was    Missing invoices for third party fees.                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-27): XXXXX                                                                                             05/27/2025                       1          C          A          C          A          C          A          C          A          C          A                WV        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                    Fees)                                                                                                                       charged the actual amounts for all third party fees.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22779296 33350554                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than 30 days prior to note date.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22779296 33353500                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Flood insurance coverage amount is insufficient.                                                                                                                                                                              Flood insurance coverage is insufficient by $51,446, Lender to provide updated policy with coverage no less than $XXXXX.                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 29648088 33306760                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.03000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,060.00 or 1.03000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/22/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,060.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $2,060.00 or 1.03000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21000818 33351733                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $395.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,440.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $395.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25531723 33229670                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25531723 33229705                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $514,100.00.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-18): XXXXX                                                                                             04/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24058813 33243208                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25970762 33293173                         Compliance Compliance     State          State Defect   XXXXX CHL Complaint Agency Disclosure Timing Test                                                                           XXXXX Home Loan: Borrower not provided with a document, at time of application, specifying the agency designated to      Borrower not provided with a document, at time of application, specifying the agency designated to receive complaints or inquiries about the origination and making                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                receive complaints or inquiries about the origination and making of the loan.                                            of the loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25970762 33293224                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/21/2025 2          A          N/A        A          A          N/A        N/A                              A          A                SC        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21838891 33293113                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21838891 33293114                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $7,440.00.  Threshold maximum is $6,200.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21838891 33293115                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21838891 33293116                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.00000% is in excess of the allowable     Total fees financed by lender is 7,440.00. Threshold maximum is $6,200.00.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $7,440.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,240.00 or 1.00000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21838891 33293118                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,395.00 or 6.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $7,440.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $3,395.00 or 6.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21833735 33312847                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21833735 33312848                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21833735 33312849                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21833735 33312850                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.33240% is in excess of the allowable     Points and Fees on subject loan of 5.33240% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $4,799.16 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,799.16 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $4,500.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $299.16 or .33240%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21833735 33312851                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21833735 33312852                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.33240% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $754.16 or 5.33240%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/23/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,799.16 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $754.16 or 5.33240%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24644157 33416386                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.31100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $93.75 or 3.31100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/08/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,138.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $93.75 or 3.31100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24644157 33416408                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 24938887 33283643                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/18/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24938887 33283644                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/18/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21851800 33496993                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21851800 33496994                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23579287 33278183                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00566% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $9.28 or .00566%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           04/17/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,929.28 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,920.00 (an overage of $9.28 or .00566%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23579287 33278233                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                UT        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23345853 33437555                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  The appraisal was performed after the FEMA declaration start date                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       but prior to the declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 23345853 33437559                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             The DTI of 53.89710% exceeds the guidelines maximum of 50.00%  The variance is due to REO on Wayne St approved with loss of (-$552.74) however calculated loss is (-                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-23): XXXXX                                                                                             05/23/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      $1015.80). Invoices for repairs were provided, however income worksheet and/or supporting documentation to show these are one-time expenses was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-05-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 22158109 33468955                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 61.45246% exceeds Guideline total debt ratio of 50% due to subject property rental calculation not matching.                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      Lender appeared to use business income from K-1's and 1065s for both rental properties and also used income from 1065s as separate REO income for same properties.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-05-29): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 22158109 33468976                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $298,960.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 25706891 33473040                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27012568 33312633                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.82810% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,024.50 or 4.82810%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,069.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,024.50 or 4.82810%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28199536 33352560                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/29/2025 2          A          N/A        A          A          N/A        N/A                              A          A                DE        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20570034 33468614                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-03): XXXXX                                                                                                        06/03/2025            2          C          B          C          B          C          B          C          B          C          B                CO        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-06-03): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 28960807 33542521                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 28960807 33542577                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $954.00 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,999.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $954.00 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26548923 33367411                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99569% is in excess of the investor allowable       Points and Fees on subject loan of 5.99569% is in excess of the investor allowable maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/01/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total          (XXXXX). Points and Fees total $5,695.91 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,695.91 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)    $1,650.91 or 5.99569%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,650.91 or 5.99569%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26548923 33367416                         Compliance Compliance     Federal        TILA           Federal HELOC Ability to Repay Reliable Documentation                                                                       Truth in Lending Act (HELOC):  Borrower's ability to repay not verified with reliable documentation.                     Borrower's ability to repay not verified with reliable documentation.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 26548923 33367419                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26548923 33367426                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,695.91.  Threshold maximum is $4,750.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26548923 33367428                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26548923 33367430                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99569% is in excess of the allowable     Points and Fees on subject loan of 5.99569% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $5,695.91 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,695.91 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $945.91 or .99569%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $945.91 or .99569%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26548923 33367431                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 21549584 33293323                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-23): XXXXX                                                                                                                   04/23/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21549584 33293330                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-08): XXXXX                                                                                             05/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21879398 33429901                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 21879398 33429912                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21879398 33430073                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00      Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00 tolerance.                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 21879398 33430074                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 21879398 33430075                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 21879398 33430076                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.97680% is in excess of the allowable     Points and Fees on subject loan of 5.97680% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $7,769.84 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance  (1) Signed letter  C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $7,769.84 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $1,269.84 or .97680%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,269.84 or .97680%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21879398 33430077                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Pre-loan counseling requirements not met.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 21879398 33430078                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.97680% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,724.84 or 5.97680%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $7,769.84 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $3,724.84 or 5.97680%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29605621 33334461                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $917.00 or 4.96200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/25/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,962.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $917.00 or 4.96200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29605621 33335005                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-04-30): XXXXX                                                                                                                   04/30/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27788093 33352510                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27788093 33352569                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.87900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,186.65 or .87900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/29/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,236.65 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,050.00 (an overage of $1,186.65 or .87900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23410954 33350947                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/29/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23110829 33408897                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 calendar days of the Note.                                                   -                                                                                                                        This file was missing a copy of VVOE.  Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22063522 33457985                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.37750% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $332.50 or 4.37750%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/19/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,377.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $332.50 or 4.37750%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20663826 33385764                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-05): XXXXX                                                                                             05/05/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 23100998 33441438                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-14): XXXXX                                                                                                                   05/14/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29628976 33488094                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/22/2025 2          B          B          B          B          B          B          B          B          B          B                WY        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29628976 33488177                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-04): XXXXX                                                                                             06/04/2025                       1          D          A          A          A          N/A        A                     A          D          A                WY        Primary    Refinance                     D        B       B        B      A          A          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20617870 33344222                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.72360% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $678.60 or 4.72360%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,723.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $678.60 or 4.72360%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28447857 33286331                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.92400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $879.00 or 4.92400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/18/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,924.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $879.00 or 4.92400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20240382 33291271                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation from lender/seller confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                              Seller Comment (2025-04-24): XXXXX                                                                                               04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 23880631 33427255                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.46350% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $927.00 or .46350%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/12/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,927.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $927.00 or .46350%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23880631 33427260                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-21): XXXXX                                                                                             05/21/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 27886517 33386119                         Compliance Compliance     Federal        TILA Right-to- Notice of Right to Cancel Missing                                                                                           Truth in Lending Act: Notice of Right to Cancel was not provided.                                                        Right of Rescission Disclosure is missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-09): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 27886517 33386142                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      The file was missing a copy of the Right to Receive a Copy appraisal disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28881297 33248449                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-22): XXXXX                                                                                             04/22/2025                       1          C          A          C          A          C          A          C          A          C          A                HI        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 28881297 33248452                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          A          A          A          A          A          A          A          A          A          A                HI        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 23916490 33638781                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,155.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,200.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,155.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24087199 33249398                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22813478 33242911                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for  loan and XXXXX not be found in the file for loans that have not been previously sold                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22813478 33242912                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22813478 33242913                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22813478 33242914                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22813478 33242915                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.45278% is in excess of the allowable     Points and Fees on subject loan of 5.45278% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $4,907.50 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,907.50 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $407.50 or .45278%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $407.50 or .45278%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 22813478 33242916                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-21): XXXXX                                                                                             04/21/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22813478 33242917                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.45278% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $862.50 or 5.45278%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/15/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,907.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $862.50 or 5.45278%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27813552 33350910                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27813552 33350991                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27813552 33350992                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,900.00  Threshold maximum is $3,250.00  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27813552 33350993                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27813552 33350994                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.00000% is in excess of the allowable     Points and Fees on subject loan of 6.00000% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,900.00 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,900.00 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $650.00 or 1.00000%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $650.00 or 1.00000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27813552 33350995                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27813552 33350996                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.00000% is in excess of the investor allowable       XXXXX Points and Fees threshold exceeded by $650.00 or 1.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 04/29/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,900.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,250.00 (an overage of $650.00 or 1.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28054441 33480628                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 28054441 33493614                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Third party business verification is missing from loan file.                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-28): XXXXX                                                                                             05/28/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 27219292 33304183                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.20700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $162.00 or 4.20700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,207.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $162.00 or 4.20700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27219292 33304204                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         "The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                    "                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 23382242 33638381                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 21888544 33276892                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99460% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,447.98 or 4.99460%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,492.98 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,447.98 or 4.99460%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21888544 33276904                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23905944 33285827                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 23905944 33285836                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.39417% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $591.25 or .39417%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,091.25 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $591.25 or .39417%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26631802 33434652                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29570607 33361845                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-14): XXXXX                                                                                             05/14/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29570607 33361890                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-01): XXXXX                                                                                             05/01/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24352609 33315923                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/23/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AZ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29116602 33344525                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,358.10 or 1.00600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/28/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,408.10 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,050.00 (an overage of $1,358.10 or 1.00600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29116602 33344540                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/28/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21603249 33467815                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.39380% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,578.53 or 1.39380%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,128.53 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,550.00 (an overage of $2,578.53 or 1.39380%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28868054 33462153                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU provide relief                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-05-16): XXXXX                                                                                                                   05/16/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MI        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20231961 33520064                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-29): XXXXX                                                                                                                   05/29/2025 2          A          N/A        A          A          N/A        N/A                              A          A                VA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22908744 33281591                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.26400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $361.28 or 0.26400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,466.78 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,105.50 (an overage of $361.28 or .26400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22908744 33281611                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23696833 33436498                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/14/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25215484 33382929                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25215484 33382944                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99910% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,458.44 or 1.99910%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,648.44 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,190.00 (an overage of $3,458.44 or 1.99910%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26641176 33409101                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.03943% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $138.00 or .03943%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/07/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,638.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $138.00 or .03943%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26641176 33409167                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               05/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28196601 33628693                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/13/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23823752 33436035                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23823752 33851662                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-08): XXXXX                                                                                                                   07/08/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28973591 33279897                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                NY        Investment Refinance                     D        B       A        B      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 28973591 33338134                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM date is greater than one month from Note date. AVM is dated XX/XX/XX and Note date is XX/XX/XX.                                                                  Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-04-29): XXXXX                                                                                                                   04/29/2025 2                     B                     B                     B                     B                     B                NY        Investment Refinance                     D        B       A        B      A          A          D        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-28): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20486288 33276237                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 20486288 33276242                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.32593% is in excess of the allowable     Total fees financed by lender is $3,994.45. Threshold maximum is $$3,750.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,994.45 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $244.45 or .32593%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20486288 33276245                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 20486288 33276246                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.32593% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $244.45 or .32593%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,994.45 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,750.00 (an overage of $244.45 or .32593%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20486288 33276288                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3994.45.  Threshold maximum is $3750.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from Finance                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-23): XXXXX                                                                                             04/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 23437949 33426508                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                KS        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23437949 33426509                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                KS        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23437949 33426510                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                KS        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23437949 33426511                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                KS        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23437949 33426512                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.93688% is in excess of the allowable     XXXXX Points and Fees exceed allowable threshold by $796.35 or .93688%.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                KS        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,046.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $796.35 or .93688%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23437949 33426513                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                KS        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23437949 33426514                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.93688% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,001.35 or 5.93688%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/12/2025 2          B          B          B          B          B          B          B          B          B          B                KS        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,046.35 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,001.35 or 5.93688%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23437949 33426519                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/12/2025 2          A          N/A        A          A          N/A        N/A                              A          A                KS        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22834933 33473399                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $954.00 or 4.99900%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/20/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,999.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $954.00 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23038401 33430008                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23038401 33430009                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23038401 33430054                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $$3,565.90.  Threshold maximum is $3,500.00.                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23038401 33430055                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.09414% is in excess of the allowable     Points and Fees on subject loan of 5.09414% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,565.90 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,565.90 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $3,500.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $65.90 or .09414%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23038401 33430056                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Pre-loan counseling requirements not met.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 23038401 33430057                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.09414% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $65.90 or .09414%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          05/12/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,565.90 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,500.00 (an overage of $65.90 or .09414%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20284707 33383455                         Compliance Compliance     State          State Late     XXXXX Late Charge Amount Testing                                                                                            XXXXX Late Charge: Note late charge of $62.50 exceeds state maximum of  $25.50.                                          Note late charge of $62.50 exceeds state maximum of $25.50.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29330006 33333334                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.54857% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $768.00 or .54857%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/28/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,968.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,200.00 (an overage of $768.00 or .54857%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25754887 33409044                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               05/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27664000 33416356                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           AVM's are dated greater than one month prior to note date.                                                                                                           Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          C          B          C          B          C          B          C          B          C          B                MA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-28): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-05-23): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-14): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27664000 33417577                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of Initial Rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/08/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26445857 33352984                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          04/29/2025 2          A          N/A        A          A          N/A        N/A                              A          A                UT        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23565398 33428229                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 187               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-09): XXXXX                                                                                                                   05/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21117893 33468480                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/19/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23988782 33410421                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.13100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $86.00 or 4.13100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/07/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,131.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $86.00 or 4.13100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21655869 33442967                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/15/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21655869 33442976                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.81893% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $919.61 or 3.81893%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/15/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,964.61 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $919.61 or 3.81893%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21182187 33292051                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/21/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21182187 33292079                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.66085% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $3,155.61 or 1.66085%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,855.61 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,700.00 (an overage of $3,155.61 or 1.66085%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24339146 33291619                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 24339146 33291631                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5183.00 .  Threshold maximum is $5000.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 24339146 33291633                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 24339146 33291636                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.18300% is in excess of the allowable     Total fees financed by lender is $5183. Threshold maximum is $5000.                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,183.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $183.00 or .18300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24339146 33291637                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 24339146 33291646                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.18300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,138.00 or 5.18300% .                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     04/21/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,183.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,138.00 or 5.18300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20019500 33384145                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27491376 33512863                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/28/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27491376 33512892                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $979.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/28/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,024.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $979.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25480533 33333074                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97080% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,927.00 or 1.97080%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,427.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $4,927.00 or 1.97080%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24192848 33457921                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               05/19/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AK        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27034685 33401063                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-13): XXXXX                                                                                             05/13/2025                       1          D          A          A          A          N/A        A                     A          D          A                MI        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 27955909 33435769                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and   The file was missing a copy of the rate lock document.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          05/13/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25094909 33438081                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.95333% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,860.00 or 0.95333%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,860.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $9,000.00 (an overage of $2,860.00 or .95333%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25094909 33438138                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               05/13/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21387691 33304516                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.47968% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,456.27 or 1.47968%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/22/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,436.27 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,980.00 (an overage of $2,456.27 or 1.47968%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21387691 33304526                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          A          A          A          A          A          A          A          A          A          A                NY        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 21387691 33304528                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-28): XXXXX                                                                                             04/28/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 23815577 33350210                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/29/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28975082 33351053                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-08): XXXXX                                                                                             05/08/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 28975082 33351073                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $71864.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 27259164 33352561                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27259164 33352567                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351126                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     Required Statement was not provided to purchaser or assignee for loan that was sold or assigned.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351127                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351128                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351129                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351130                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.57300% is in excess of the allowable     Points and Fees on subject loan of 5.57300% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $4,458.40 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,458.40 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $458.40 or .57300%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $458.40 or .57300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24922348 33351131                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351132                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.57300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $458.40 or .57300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/29/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,458.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,000.00 (an overage of $458.40 or .57300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24922348 33351134                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (High Cost Disclosure Not Provided)                                          XXXXX Covered Loan: Required high-cost disclosure terms not provided to borrower.                                        Required high-cost disclosure terms not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351135                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (Mortgage Loan Origination Disclosure Statement Not Provided)                XXXXX Covered Loan: Borrower not provided with mortgage loan origination disclosure statement in accordance with         Borrower not provided with mortgage loan origination disclosure statement in accordance with division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351136                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Retained by    XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained   Acknowledgement of Receipt of Home Mortgage Loan Information Document not retained by lender.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX                                                                                             05/01/2025                       1          B          A          B          A          B          A          B          A          B          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance     Level          Lender)                                                                                                                     by lender.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351137                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis)                                       XXXXX Consumer Sales Practices Act:  Mortgage loan file does not contain documentation of the analysis of the borrower's Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                      reasonable tangible net benefit.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351139                         Compliance Compliance     State          State Defect   (State High Cost) Ohio Covered Loan (Points and Fees)                                                                       XXXXX Anti-Predatory Lending Act: Points and Fees on subject loan of 5.57300% is in excess of the allowable maximum of   Points and Fees on subject loan of 5.57300% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $4,458.40 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $4,458.40 on a Total Loan Amount of $XXXXX vs. an allowable     Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $458.40 or .57300%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $458.40 or .57300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 24922348 33351140                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided)                                              XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure.                                 Borrower not provided Right Not To Close Disclosure.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 21190361 33437536                         Compliance Compliance     Federal        RESPA          RESPA Disclosure -  Missing Signature on Affiliated Business Arrangement Disclosure                                         RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure.                  The file was missing a copy of the executed Affiliated Business Arrangement Disclosure or proof of the borrower's electronic receipt of the disclosure.                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-22): XXXXX                                                                                                                   05/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 27032153 33440074                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/14/2025 2          B          B          B          B          B          B          B          B          B          B                NE        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27032153 33440096                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 27032153 33440097                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 27032153 33440098                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 27032153 33440099                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.98156% is in excess of the allowable     Points and Fees exceed allowable threshold by $441.70 or .98156%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,691.70 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $441.70 or .98156%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX                                                                                                                                                                                                                                                                                               high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27032153 33440100                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                NE        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 27032153 33440101                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.98156% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $441.70 or .98156%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/14/2025 2          B          B          B          B          B          B          B          B          B          B                NE        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,691.70 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,250.00 (an overage of $441.70 or .98156%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25094946 33435280                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25094946 33435282                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25094946 33435283                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25094946 33435284                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.02500% is in excess of the allowable     Points and Fees on subject loan of 5.02500% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,768.75 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  D        B       B        B      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,768.75 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $3,750.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $18.75 or .02500%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25094946 33435285                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25094946 33435286                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.02500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $18.75 or .02500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       B        B      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,768.75 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,750.00 (an overage of $18.75 or .02500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25094946 33435293                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 25094946 33435295                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25094946 33443997                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       B        B      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21336812 33472965                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/20/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22340731 33303666                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22340731 33303727                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22340731 33303728                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $7,609.50Threshold maximum is $7,500.00.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22340731 33303729                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22340731 33303730                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.07300% is in excess of the allowable     Points and Fees on subject loan of 5.07300% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $7,609.50 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $7,609.50 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $109.50 or .07300%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $109.50 or .07300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 22340731 33303731                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22340731 33303732                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.07300% is in excess of the investor allowable       XXXXX Points and Fees threshold exceeded by $3,109.50 or 2.07300%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               04/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,609.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $3,109.50 or 2.07300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23945763 33352080                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.47402% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,175.17 or .47402%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/29/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,612.59 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,437.42 (an overage of $1,175.17 or .47402%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22018006 33334259                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21706228 33334824                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29821139 33400633                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.46723% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $462.40 or 3.46723%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/06/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,507.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $462.40 or 3.46723%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23123345 33413610                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/08/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23123345 33414039                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                Preliminary title policy does not state a coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 26857648 33386427                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 29958502 33350344                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.14290% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,000.15 or 1.14290%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/29/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,500.15 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $4,000.15 or 1.14290%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29958502 33350371                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The fie is missing a copy of the valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                04/29/2025 2          A          N/A        A          A          N/A        N/A                              A          A                UT        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26426431 33532162                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-11): XXXXX                                                                                             06/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 25152080 33382129                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.             Disaster Name: ___                                                                                                       The subject property is located in a FEMA disaster area that does not have a declared end date.  The appraisal was performed prior to the FEMA declaration start     The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC            Reviewer Comment (2025-05-13): XXXXX                                                                                                                   05/13/2025 2          C          B          C          B          C          B          C          B          C          B                KY        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           date and prior to the declared end date. Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score is above 680.                                                                                                                                                                                                                                     SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23999472 33334387                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.80552% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $289.52 or .80552%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/25/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,086.62 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $289.52 or .80552%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29924406 33383313                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.16923% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,375.00 or 4.16923%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,420.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,375.00 or 4.16923%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29924406 33383354                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24696230 33293561                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                UT        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 21796920 33520080                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 21073491 33401171                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-19): XXXXX                                                                                             05/19/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21073491 33401176                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99996% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,679.92 or 1.99996%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/06/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,199.92 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,520.00 (an overage of $3,679.92 or 1.99996%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21073491 33485388                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided, two or more of which do not support value. No secondary                                                                                                                                Primary AVM value is $692,190. Secondary AVM value is $588,177, a -15.0267% variance. Secondary BPO value is $600,000, a -13.3186% variance.                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1                     A                     A                     A                     A                     A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation supports value. No CU or LCA providing relief are in evidence. Sec ID: 150                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 26664230 33488268                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,740.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/22/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,850.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,110.00 (an overage of $2,740.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20322400 33397598                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29881209 33385927                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 29881209 33385966                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29881209 33385984                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.19019% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $270.90 or 4.19019%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,315.90 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $270.90 or 4.19019%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28477675 33422698                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.02400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,536.00 or 1.02400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/09/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,036.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,536.00 or 1.02400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24736803 33422121                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Closing statement reflects property taxes $1,573.30 that are not reflected on the HELOC.                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-05-14): XXXXX                                                                                                                   05/14/2025 2          A          A          A          A          A          A          A          A          A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 24087860 33366955                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 25581145 33554515                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25581145 33554535                         Property   Property -     Appraisal      Property -     Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided.                                      -                                                                                                                        442 document is missing from file.                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 25581145 33554853                         Credit     Credit         Miscellaneous  Credit         Kroll Second Lien Property Exception - Primary Valuation with defect                                                                                                                                                                                 Appraisal was made subject to repair and 442 is not in images.                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          A          A          A          A          C          A          A          A          A          A                CA        Primary    Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 25581145 33561138                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               File is misisng the Master Policy.                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 26829387 33340741                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.15314% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,672.05 or 1.15314%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/28/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,022.05 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,350.00 (an overage of $1,672.05 or 1.15314%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27484438 33430153                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/12/2025 2          B          B          B          B          B          B          B          B          B          B                ME        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27484438 33430154                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/12/2025 2          B          B          B          B          B          B          B          B          B          B                ME        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23627912 33353062                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              04/30/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23627912 33353064                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21637664 33351688                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.69010% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,419.89 or .69010%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       04/30/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,592.39 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,172.50 (an overage of $1,419.89 or .69010%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21637664 33351742                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 21637664 33351743                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-02): XXXXX                                                                                             05/02/2025                       1          A          A          A          A          A          A          A          A          A          A                NY        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 26866689 33429402                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26866689 33429412                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/12/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23187805 33344317                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99588% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $451.29 or 4.99588%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,496.29 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $451.29 or 4.99588%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27612925 33333759                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.26630% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $434.61 or 4.26630%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,479.61 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $434.61 or 4.26630%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21771207 33458590                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99950% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,059.23 or 1.99950%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,649.23 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,590.00 (an overage of $3,059.23 or 1.99950%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21771207 33458596                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-04): XXXXX                                                                                             06/04/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 28612837 33340434                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $5,000.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,500.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $5,000.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28612837 33340457                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 20079922 33497451                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/23/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20079922 33497483                         Credit     1003           Document Error 1003           Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided.                               -                                                                                                                        Missing evidence of lawful residency. Guidelines require if Co- borrower XXXXX is a Non-Permanent Resident Alien, the file must contain evidence of lawful                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   residency.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24516060 34004647                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                KS        Investment Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20108055 33292983                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.91400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $869.00 or 4.91400%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         04/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,914.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $869.00 or 4.91400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20108055 33293032                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-04-24): XXXXX                                                                                             04/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20633934 33289926                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/23/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27881763 33289950                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Lease Agreement is missing for the property address XXXXX.                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-04-25): XXXXX                                                                                             04/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27881763 33289968                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27881763 33289978                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99589% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $701.10 or 4.99589%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/23/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,746.10 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $701.10 or 4.99589%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27881763 33289980                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction date of XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-02): XXXXX                                                                                                        05/02/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-04-30): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 27881763 33289981                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-02): XXXXX                                                                                                        05/02/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-04-30): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 24102160 33341443                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        - ___                                                                                                                    File is misisng a reliable Third Party verification document for the Borrowers Schedule-C business XXXXX.                                                            Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-02): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Reviewer Comment (2025-05-13): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-04-30): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-04-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 26746161 33805406                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26746161 33805409                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date     Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29833437 33436028                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.94600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,712.94 or 1.94600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,895.27 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,182.33 (an overage of $2,712.94 or 1.94600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21453901 33435618                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.79657% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,115.20 or .79657%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,315.20 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,200.00 (an overage of $1,115.20 or .79657%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21453901 33435632                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date. The appraisal was performed after the FEMA declaration start date                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       but prior to the declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 21453901 33449566                         Credit     Credit         Credit         Guideline      The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.                                                                                                                                               Guides require the file contain a mortgage payment history of (0x30x6) no late payments in the past 6 months, and (1x30x24) no more than one (1) times 30 days past                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                      due in the last 24 months.  Current mortgage is not reported on credit and a VOM is required.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 24025910 33350565                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99934% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,899.04 or 1.99934%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      04/30/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,249.04 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,350.00 (an overage of $2,899.04 or 1.99934%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24025910 33352818                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   04/30/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22188218 33402322                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-13): XXXXX                                                                                             05/13/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 27209630 33534430                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/02/2025 2          B          B          B          B          B          B          B          B          B          B                MO        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27244083 33411586                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Borrower was qualified using self-employment income, guides state, Verification of existence of business within 10 calendar days of close by third party CPA,                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   assistance. Documentation is missing from the loan file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 27244083 33451328                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/13/2025 2                     N/A                   A                     N/A                                         A                NY        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20281186 33408690                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-17): XXXXX                                                                                             05/17/2025                       1          D          A          A          A          N/A        A                     A          D          A                MI        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 20281186 33408899                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        The file was missing a copy of the Condo Warrantable document.                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-08): XXXXX                                                                                             05/08/2025                       1          C          A          C          A          C          A          C          A          C          A                MI        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 25256352 33333088                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.65100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by 2,476.50 or 1.65100%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        04/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,976.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,476.50 or 1.65100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26191221 33468058                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of 50.19004% exceeds Guideline total debt ratio of 50.00000%. Lender did not include PMI and shortage in PITI for    Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-06-10): XXXXX                                                                                                                   06/10/2025 2          C          B          C          B          C          B          C          B          C          B                NC        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      the subject.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 29953928 33366930                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.73700% is in excess of the investor allowable       Points and Fees on subject loan of 5.73700% is in excess of the investor allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                  05/01/2025 2          B          B          B          B          B          B          B          B          B          B                WI        Second     Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,285.13 on a Federal Total Loan Amount   $14,285.13 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $7,470.00 (an overage of $6,815.13 or 2.73700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Home       - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,470.00 (an overage of $6,815.13 or 2.73700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26392782 33471737                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-20): XXXXX                                                                                                                   05/20/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26392782 33489219                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-21): XXXXX                                                                                             05/21/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29610277 33383326                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Per guidelines secondary valuation is not required if LCA or CU score is <2.5.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  05/02/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MD        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22105716 33414128                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/08/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Investment Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21243679 33397142                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-14): XXXXX                                                                                             05/14/2025                       1          D          A          A          A          N/A        A                     A          D          A                MN        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 21243679 33397155                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/05/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21243679 33397161                         Compliance Compliance     State          Misc. State    Minnesota Residential Mortgage Originator and Servicer Licensing Act (Counseling Requirement)                               XXXXX Residential Mortgage Originator and Servicer Licensing Act: Refinance of a "special mortgage" without evidence     Refinance of a "special mortgage" without evidence that borrower received counseling on advisability of transaction by an authorized independent loan counselor.                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                Compliance     Level                                                                                                                                      that borrower received counseling on advisability of transaction by an authorized independent loan counselor.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 21843646 33534268                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $188,805.60  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21288112 33427210                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      The file was missing proof the appraisal disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/12/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27825697 33396179                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27825697 33396201                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application            RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) The file was missing evidence the Affiliated Business Arrangement Disclosure was provided to borrower within 3 days of initial application.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-08): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 28583887 33367414                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.49801% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $0.96 or 4.49801%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           05/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,045.96 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $0.96 or 4.49801%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20977307 33474320                         Credit     Loan Package   Closing /      Missing        Missing Document: Security Instrument - Subject Lien not provided                                                                                                                                                                                    The file was missing a copy of the required Security Instrument.                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          D          A          D          A          D          A          D          A          D          A                CA        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                 Documentation  Title          Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 20977307 33474348                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-05-23): XXXXX                                                                                             05/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 20977307 33474420                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.76711% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $1,726.00 or .76711%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       D        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,476.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,750.00 (an overage of $1,726.00 or .76711%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20977307 33474422                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Notarized date not updated due missing security Instrument.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-23): XXXXX                                                                                             05/23/2025                       1          B          A          B          A          B          A          B          A          B          A                CA        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-21): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 21877463 33402398                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.57900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $387.47 or 4.57900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/06/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,432.47 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $387.47 or 4.57900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22549891 33455422                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $6,599.96.  Threshold maximum is $5,500.00. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 22549891 33455423                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 22549891 33455425                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99996% is in excess of the allowable     Total fees financed by lender is $6,599.96.  Threshold maximum is $5,500.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $6,599.96 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,099.96 or .99996%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 22549891 33455426                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 22549891 33455427                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99996% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,554.96 or 5.99996%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,599.96 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,554.96 or 5.99996%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22549891 33455437                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23579868 33554921                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99970% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,999.55 or 1.99970%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,499.55 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,999.55 or 1.99970%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29368802 33409812                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $355.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,400.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $355.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25477957 33606714                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-09): XXXXX                                                                                                                   06/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23376936 33562219                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/06/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MI        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23376936 33562240                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/06/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27477148 33535175                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 187               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-10): XXXXX                                                                                                                   06/10/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29915328 33532507                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/03/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NE        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20700338 33367911                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.92683% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $667.20 or 3.92683%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,712.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $667.20 or 3.92683%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20700338 33367921                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-05): XXXXX                                                                                             05/05/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22307901 33416728                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.26400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $858.60 or 4.26400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,903.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $858.60 or 4.26400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22307901 33417066                         Property   Property -     Appraisal      Property -     Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25                                                                                                                                               AVM's provided are post close. AVM after the Note date.                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 22307901 33417068                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   AVM's provided are post close. AVM after the Note date.                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          D          A          D          A          D          A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 23991244 33392140                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23991244 33854349                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-08): XXXXX                                                                                                                   07/08/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22013772 33410569                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.55100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $322.73 or 3.55100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/07/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,367.73 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $322.73 or 3.55100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23127772 33454781                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/16/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20035751 33400640                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $705.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/06/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,750.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $705.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29660680 33499240                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        File is missing a copy of the XXXXX 1120S returns or evidence extension was filed.  Additionally, third party business verification was not provided.                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 24407624 33618344                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 22836702 33407010                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.85240% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $1,680.83 or 4.85240%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/07/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,725.83 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,680.83 or 4.85240%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29015706 33540639                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total Fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29015706 33540640                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is  $2,960.95. Threshold maximum is $2,625.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29015706 33540641                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold. Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29015706 33540642                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.63990% is in excess of the allowable     Total fees financed by lender is  $2,960.95. Threshold maximum is $2,625.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,960.95 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $335.95 or .63990%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX                                                                                                                                                                                                                                                                                               compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29015706 33540643                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold. Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29015706 33540644                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.63990% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $335.95 or .63990%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/02/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,960.95 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,625.00 (an overage of $335.95 or .63990%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23163564 33659958                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-23): XXXXX                                                                                             06/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 23163564 33659959                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-23): XXXXX                                                                                             06/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     D        B       C        A      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23163564 33659972                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.24093% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $134.92 or .24093%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check D        B       C        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,934.92 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $134.92 or .24093%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26022245 33497130                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23650449 33511535                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,875.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/28/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,920.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,875.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20848805 33416675                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20495042 33431720                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.85259% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,278.88 or .85259%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,778.88 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,278.88 or .85259%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20495042 33431739                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-21): XXXXX                                                                                             05/21/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 20495042 33445059                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Two sources of self-employment were used to qualify file is missing Verification of existence of business within 10 calendar days of close by third party CPA,                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-14): XXXXX                                                                                             05/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          regulatory agency, applicable licensing bureau, or verifying phone listing and address for borrower's business using telephone book, internet, or directory                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   assistance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 21927573 33422977                         Compliance Compliance     State          State Late     XXXXX Late Charge Percent and Amount Testing                                                                                XXXXX Late Charge: Note late charge of $50.00 exceeds state maximum of 5% or $15, whichever is greater.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-14): XXXXX                                                                                                                   05/14/2025 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 22827499 33608069                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        This file was missing a copy of VVOE.  Per guidelines, Verbal Verification of Employment VVOE completed within 10 days of closing must be provided.                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-13): XXXXX                                                                                             06/13/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 22827499 33625558                         Credit     Guideline      Guideline      Guideline      Guidelines require AVMs and BPOs to be dated within 30 days prior to the Note.  Hybrids, Drive-Bys, and Desktop Appraisals                                                                                                                           Secondary AVM is dated more than 30 days prior to the Note.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Issue                         within 60 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 22827499 33693625                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     06/18/2025 2                     N/A                   A                     N/A                                         A                MD        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29168410 33473299                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is  $4,800.00.  Threshold maximum is $4,000.00. Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29168410 33473300                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29168410 33473301                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.00000% is in excess of the allowable     Points and Fees exceed allowable threshold by $800.00 or  1.00000%.                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,800.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $800.00 or 1.00000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29168410 33473302                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29168410 33473303                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $800.00 or 1.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/20/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,800.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,000.00 (an overage of $800.00 or 1.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29168410 33473305                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Colorado Covered Loan (Consumer Caution Notice Not Provided)                                   XXXXX Covered Loan:  Consumer Caution Notice not provided to borrower.                                                   Consumer Caution Notice not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 29168410 33473306                         Compliance Compliance     State          State Defect   (State High Cost) Colorado Covered Loan (Points and Fees)                                                                   XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 6.00000% is in excess of the allowable maximum  Points and fees exceed maximum threshold of 5% by $800.00 or 1.00000%.                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  For application    C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $4,800.00 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out prior to 1/10/14,
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $800.00 or 1.00000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Other    no obvious cure.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For applications
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on or after
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             1/10/14, same as
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             DF HOEPA cure:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28118186 33561496                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX  declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 26251285 33733029                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-30): XXXXX                                                                                             06/30/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 26251285 33806943                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                NJ        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29153592 33655129                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-16): XXXXX                                                                                             06/16/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 29998847 34006025                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/25/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24994838 33428663                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided, with no CU or LCA.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-05-19): XXXXX                                                                                             05/19/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28907066 33428364                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25988339 33386572                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 25988339 33386575                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 25988339 33386576                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 25988339 33386577                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.02000% is in excess of the allowable     XXXXX Points and Fees exceed allowable threshold by an average of  $16.00 or .02000%.                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,016.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $16.00 or .02000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25988339 33386578                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-07): XXXXX                                                                                             05/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 25988339 33386579                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.02000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $16.00 or .02000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            05/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,016.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,000.00 (an overage of $16.00 or .02000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28980911 33541701                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 28980911 33541736                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.41200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $367.00 or 4.41200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,412.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $367.00 or 4.41200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23851371 33504649                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/27/2025 2          B          B          B          B          B          B          B          B          B          B                OK        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23851371 33504650                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.13200% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees on subject loan of 5.13200% is in excess of the allowable maximum of the greater of 5.00000% of the Original Line Limit and $1000.00  (XXXXX).                                                                                                                                                                                                                                                                                                                                                                                                                                                            05/27/2025 2          B          B          B          B          B          B          B          B          B          B                OK        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $5,132.00 on a Original Line Limit of $XXXXX   XXXXX Finance Charge total $5,132.00 on a Original Line Limit of $XXXXX vs. an allowable total of $XXXXX (an overage of $132.00 or .13200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $132.00 or .13200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23851371 33504720                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/27/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OK        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20834820 33453771                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25042509 33517205                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-06-05): XXXXX                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22360952 33534289                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/03/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20182786 33382761                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.07513% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $122.46 or .07513%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,012.46 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,890.00 (an overage of $122.46 or .07513%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20182786 33382769                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23899999 33406281                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 7.53554% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $3,118.72 or 2.53554%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/07/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $9,268.72 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $3,118.72 or 2.53554%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23899999 33406288                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX based on the Commitment in file.                                                            Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/07/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23899999 33406289                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/07/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Investment Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22297784 33435352                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 27520255 33416257                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  TILA ROR - Provide C        B       B        B      C          A          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                        letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-12): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 27520255 33416278                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24120108 33407480                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-14): XXXXX                                                                                             05/14/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 24120108 33407504                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24120108 33407530                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,205.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       B        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26993142 33418026                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/08/2025 2          A          N/A        A          A          N/A        N/A                              A          A                WA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23316714 33408838                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.95800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $495.59 or 4.95800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,540.59 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $495.59 or 4.95800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21791835 33650276                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 24207548 33496305                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.74913% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,484.77 or .74913%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/23/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,430.77 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,946.00 (an overage of $1,484.77 or .74913%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24207548 33496332                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date XX/XX/XX.  Provide a post-disaster inspection verifying there was no                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       damage.  The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 29741297 33532181                         Credit     Missing        General        Missing        Missing Document: Verification of Non-US Citizen Status not provided                                                                                                                                                                                 The file is missing copy of Non-US Citizen supporting document.                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Document                      Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29741297 33532182                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              The file is missing copy of Approval document.                                                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29022593 33521123                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29022593 33531951                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    File is missing 2 year employment history for the coborrower. Coborrower employment history only goes back to XXXXX XXXXX.                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22006476 33490409                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.13424% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,597.92 or 1.13424%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/22/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,824.32 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,226.40 (an overage of $1,597.92 or 1.13424%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22006476 33490526                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/22/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22006476 33499289                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        - ___                                                                                                                    Third party business verification is missing from loan file.                                                                                                         Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          C          B          C          B          C          B          C          B          C          B                NY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 23734025 33391601                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 23734025 33391607                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The Preliminary title policy amount is not provided.                                                                                                                 Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22482445 33453694                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.19500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,150.00 or 5.19500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/16/2025 2          B          B          B          B          B          B          B          B          B          B                WV        Second     Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Home       - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,195.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,150.00 or 5.19500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22482445 33453695                         Compliance Compliance     State          State Defect   West Virginia Residential Mortgage Lender, Broker, and Servicer Act (Borrower Not Charged for Actual Amounts of Third Party West XXXXX Residential Mortgage Lender, Broker and Servicer Act: Borrower not charged actual amount for third party      XXXXX Residential Mortgage Lender, Broker and Servicer Act: Borrower not charged actual amount for third party fees.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-17): XXXXX                                                                                             06/17/2025                       1          C          A          C          A          C          A          C          A          C          A                WV        Second     Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                    Fees)                                                                                                                       fees.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 21177229 33436486                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.66995% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,523.60 or 1.66995%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,853.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,330.00 (an overage of $3,523.60 or 1.66995%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21177229 33436497                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29674664 33468248                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $210,633.00 Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-05-27): XXXXX                                                                                             05/27/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Investment Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29674664 33468717                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Appraisal from prior transaction provided. One secondary valuation with effective date less than Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Appraisal from prior transaction provided. One secondary valuation with effective date less than 3 months past note date provided, which                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-27): XXXXX                                                                                             05/27/2025                       1          C          A          A          A          C          A                     A          D          A                AZ        Investment Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation 3 months past note date provided, which does not support value. Sec ID: 162                                                                                                                                                                          does not support value.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29674664 33468779                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of 52.84605% exceeds Guideline total debt ratio of 50.00000%.                                                        Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          C          B          C          B          C          B          C          B          C          B                AZ        Investment Refinance                     D        B       C        B      A          A          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-03): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 25195941 33638818                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-19): XXXXX                                                                                             06/19/2025                       1          D          A          A          A          N/A        A                     A          D          A                AZ        Investment Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 25195941 33638860                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             Flood insurance coverage is insufficient by $2,355.20. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Investment Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           estimate supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 25195941 33639003                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 52.31168% exceeds Guideline total debt ratio of 50.00000%; difference appears to be the subject P&I used at                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-23): XXXXX                                                                                             06/23/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Investment Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      origination is $929.28 and the actual payment is $942.19.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 25195941 33710495                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Secondary valuation does not meet guidelines. XXXXX AVM reflects FSD of 0.25. Per guidelines for 2nd lien: Must have a forecasted standard deviation (FSD) of                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1                     A                     A                     A                     A                     A                AZ        Investment Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   0.20.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Buyer Comment (2025-06-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 25195941 33878159                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2                     A                     A                     A                                           B                AZ        Investment Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23455094 33563801                         Credit     Missing        General        Missing        Missing Document: Verification of Non-US Citizen Status not provided                                                                                                                                                                                 Verification of Non-US Citizen Status is missing.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Document                      Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23268965 33402796                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 23606691 33435799                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99880% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $54.02 or 4.99880%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,099.02 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $54.02 or 4.99880%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23606691 33435844                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        DTI is exceeding minimum threshold due PITI for senior lien is $1576.60 when supporting documentation reflects a PITI of $1986.86.                                   Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-06-17): XXXXX                                                                                                                   06/17/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-12): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Buyer Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 28098110 33446849                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27698629 33517731                         Credit     Loan Package   Closing /      Missing        Missing Document: Security Instrument - Subject Lien not provided                                                                                                                                                                                    The file was missing a copy of the Security Instrument to determine date of consummation conclusively.                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          D          A          D          A          D          A          D          A          D          A                IL        Primary    Refinance                     D        A       D        A      C          A          A        A                            No
                                                                                                 Documentation  Title          Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27698629 33517756                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     D        A       D        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27698629 33517771                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          B          A          B          A          B          A          B          A          B          A                IL        Primary    Refinance                     D        A       D        A      C          A          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-05-30): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 22870186 33493679                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/23/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29188015 33430126                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-04): XXXXX                                                                                             06/04/2025                       1          A          A          A          A          A          A          A          A          A          A                HI        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 29188015 33430135                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-04): XXXXX                                                                                             06/04/2025                       1          C          A          C          A          C          A          C          A          C          A                HI        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29188015 33430144                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for Securitization purpose.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-15): XXXXX                                                                                             05/15/2025                       1          D          A          A          A          N/A        A                     A          D          A                HI        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20389108 33427763                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26656897 33403110                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.24100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $196.00 or 4.24100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/06/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,241.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $196.00 or 4.24100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26656897 33403136                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 23319260 33420288                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                ID        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23319260 33420290                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                ID        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23319260 33420298                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.17811% is in excess of the allowable     Total fees financed by lender is $5,178.11. Threshold maximum is 5.17811%.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                ID        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,178.11 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $178.11 or .17811%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23319260 33420301                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                ID        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23319260 33420304                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.17811% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,133.11 or 5.17811%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/08/2025 2          B          B          B          B          B          B          B          B          B          B                ID        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,178.11 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,133.11 or 5.17811%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23319260 33420340                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $1,482.95. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                ID        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 26384108 33533121                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/03/2025 2          A          N/A        A          A          N/A        N/A                              A          A                TN        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26384108 33533459                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.23767% is in excess of the investor allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/03/2025 2          B          B          B          B          B          B          B          B          B          B                TN        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,742.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,000.00 (an overage of $742.60 or 1.23767%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26384108 33728156                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.23767% is in excess of the allowable maximum of the greater of 5.00000% of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    06/23/2025 2                     B                     B                     B                     B                     B                TN        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $3,742.60 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $742.60 or 1.23767%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26384108 33728162                         Credit     Loan Package   Application /  Loan Package   Mismatch of data related to Occupancy.                                                                                      -                                                                                                                        Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary residence.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1                     A                     A                     A                     A                     A                TN        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26384108 33728166                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - High Cost as Primary                                                                               The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        Final and initial 1003 declaration section 5a-A reflects the borrower intends to occupy the property as their primary residence.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1                     A                     A                     A                     A                     A                TN        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Investment). If tested as primary                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                               (other than                                                                                                                                residence, loan exceeds one or more high cost thresholds.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                               HUD-1 or Note)
[redacted] [redacted] [redacted] [redacted] 26384108 33728173                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Per lender property is an investment property, however 1003 and appraisal reflect the property is owner occupied. Please provide 1003 with borrower's primary                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1                     A                     A                     A                     A                     A                TN        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   current address.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29082557 33521955                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.             Disaster Name: ___                                                                                                       The subject property is located in a FEMA disaster area that does not have a declared end date.  The appraisal was performed after the FEMA declaration start date   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          C          B          C          B          C          B          C          B          C          B                KY        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           but prior to the declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-30): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Seller Comment (2025-05-30): XXXXX

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC
[redacted] [redacted] [redacted] [redacted] 25084496 33861551                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          B          B          A          A          A          A                                A          A                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25084496 33862266                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-21): XXXXX                                                                                                                   07/21/2025 2          A          A          A          A          A          A          A          A          A          A                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 25123674 33555179                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/05/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25123674 33555180                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/05/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25123674 33555186                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                06/05/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25123674 33555191                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-06-11): XXXXX                                                                                                                   06/11/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25123674 33555230                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23282556 33422563                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 27289530 33447329                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing second Lien Mortgage statement for XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 27289530 33447341                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing copy of second Lien mortgage statement.                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-16): XXXXX                                                                                             05/16/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 29274396 33429600                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/12/2025 2          A          N/A        A          A          N/A        N/A                              A          A                VA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20244405 33411371                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.38220% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $924.92 or 0.38220%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,184.92 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,260.00 (an overage of $924.92 or .38220%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26909506 33446970                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 7.57649% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $2,190.02 or 2.57649%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/15/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Investment Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $6,440.02 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $2,190.02 or 2.57649%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26909506 33449256                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Second lien documentation is missing from the file.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Investment Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22258067 33440620                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23721528 33430165                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.88904% is in excess of the allowable maximum of the greater of 5.00000% of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    05/12/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $3,238.97 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $488.97 or .88904%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25647556 33471872                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20639422 33471224                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        The file was missing a copy of the SSA Award Letter.                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 22699691 33440403                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.86406% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $845.35 or 1.86406%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/14/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $3,112.85 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $845.35 or 1.86406%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20471593 33469587                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,753.84 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/19/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,798.84 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,753.84 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29705568 33480202                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.50000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $297.50 or 4.50000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/21/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,342.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $297.50 or 4.50000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20793593 33519907                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,924.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/29/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,310.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,386.00 (an overage of $2,924.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20400646 33453426                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               05/16/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25071508 33832082                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20133595 33441489                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/14/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20889312 33416694                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Insurance and Tax verification missing in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-05-12): XXXXX                                                                                             05/12/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 20889312 33416703                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20889312 33416706                         Credit     Loan Package   Application /  Loan Package   Missing Document: Missing Final 1003                                                                                                                                                                                                                 File missing Final 1003.                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 20601510 33473860                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 23186605 33504697                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          D          A          A          A          N/A        A                     A          D          A                WA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 22505446 33432219                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  The appraisal was performed after the FEMA declaration start date                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-21): XXXXX                                                                                             05/21/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       but prior to the declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 25789605 33583036                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification AVM was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    06/09/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25789605 33583037                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-11): XXXXX                                                                                                                   06/11/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25789605 33583038                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.21100% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $240.01 or .21100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/09/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $5,927.51 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $240.01 or .21100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20171138 33422453                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MD        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20171138 33422454                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/09/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23690963 33476082                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.44200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,729.60 or 4.44200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,774.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,729.60 or 4.44200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26244968 33571609                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.04900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4.00 or 4.04900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          06/06/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,049.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $4.00 or 4.04900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25914137 33489372                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-16): XXXXX                                                                                                        06/16/2025            2          C          B          C          B          C          B          C          B          C          B                WA        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-06-11): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-05-28): XXXXX                                                                                                                                                                                                                                                                                             using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27521615 33499115                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          D          A          A          A          N/A        A                     A          D          A                IN        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27521615 33582003                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     06/05/2025 2                     N/A                   A                     N/A                                         A                IN        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28707910 33625649                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/13/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28707910 33625651                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/13/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21415673 33435453                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/13/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22885887 33474542                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,006.00 or 1.00300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/20/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,006.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $2,006.00 or 1.00300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29131894 33428315                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.87083% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $600.00 or 3.87083%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/12/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,645.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $600.00 or 3.87083%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29443101 33520099                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 29443101 33520112                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 24155244 33707860                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Right Not To Close Disclosure Not Provided Timely)                                       XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure at Closing.                      XXXXX Consumer Sales Practices Act: Borrower not provided Right Not To Close Disclosure at Closing.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                                                   06/24/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24451455 33429963                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-21): XXXXX                                                                                             05/21/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 24451455 33429965                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25361767 33474079                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application            RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-28): XXXXX                                                                                                                   05/28/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21378603 33610350                         Credit     Loan Package   Application /  Loan Package   Loan originated as Primary residence, yet URLA declarations indicates borrower will not occupy.                             -                                                                                                                        The file was submitted as a primary residence, however the final 1003 reflect a different current address for the borrower and the declarations indicate the                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-11): XXXXX                                                                                             06/11/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       borrower will not occupy the subject.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23767655 33539909                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.75704% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,218.15 or .75704%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/02/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,045.45 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,827.30 (an overage of $1,218.15 or .75704%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29046569 33435052                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-20): XXXXX                                                                                             05/20/2025                       1          D          A          A          A          N/A        A                     A          D          A                NY        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22452339 33474630                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 28743342 33458834                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-23): XXXXX                                                                                             05/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                NY        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 28743342 33458907                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.78201% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,597.77 or 4.78201.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/19/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,642.77 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,597.77 or 4.78201%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27517174 33447235                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/15/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CO        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27517174 33447253                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00848% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,166.03 or 4.00848%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/15/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,211.03 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,166.03 or 4.00848%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27517174 33457069                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Application date is after XX/XX/XX, copy of the XXXXX business return or evidence of extension is required.                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-27): XXXXX                                                                                             05/27/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 20507486 33473354                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.36840% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $701.81 or .36840%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/20/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,416.81 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,715.00 (an overage of $701.81 or .36840%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28849193 33497015                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96950% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,939.00 or 1.96950%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,939.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $3,939.00 or 1.96950%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28849193 33497066                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22539249 33455008                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-04): XXXXX                                                                                             06/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 28502494 33472662                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date XX/XX/XX.  Provide a post-disaster inspection verifying there was no                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       damage.  The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 26478774 33492068                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.94100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $787.30 or 4.94100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/22/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,832.30 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $787.30 or 4.94100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20039175 33580308                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/09/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Investment Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20039175 33607069                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Missing XXXXX W2. Only XXXXX W2 and XXXXX YTD pay stub provided.                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-11): XXXXX                                                                                             06/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Investment Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 20039175 33607135                         Credit     Guideline      Guideline      Guideline      Borrower has been on current job less than 2 years, and prior employment history was not documented as required.            -                                                                                                                        Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Investment Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                              required. Missing additional W2 or WVOE.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20039175 34490018                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CO        Investment Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27774193 33661803                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.50550% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $617.31 or 3.50550%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,662.31 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $617.31 or 3.50550%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27774193 33661811                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27774193 34490019                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24257623 33440614                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22482011 33606686                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application            RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-18): XXXXX                                                                                                                   06/18/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 22482011 33606690                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application        RESPA Disclosure Rule (Dodd-Frank XXXXX): List of Homeownership Counseling Organizations not provided to applicant       The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                06/11/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                within three (3) business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22482011 33606698                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Received       XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not received   Acknowledgement of Receipt of Home Mortgage Loan Information Document not received by borrower within five (5) business days of application.                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-18): XXXXX                                                                                                                   06/18/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Level          Timely)                                                                                                                     by borrower within five (5) business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 25732459 33511558                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.29178% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $246.78 or 4.29178%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,291.78 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $246.78 or 4.29178%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23063653 33443988                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24574971 33452890                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.74300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,257.15 or .74300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/16/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,333.15 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,076.00 (an overage of $1,257.15 or .74300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21584233 33519425                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/29/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29894823 33454575                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $454.10 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/16/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,499.10 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $454.10 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28847839 33570911                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.60467% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $907.00 or .60467%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/05/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,407.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $907.00 or .60467%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28847839 33570952                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-05): XXXXX                                                                                                                   06/05/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23283496 33506235                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          A          A          A          A          A          A          A          A          A          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 23283496 33506240                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 25896297 33626765                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     06/13/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23547939 33574060                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/06/2025 2          B          B          B          B          B          B          B          B          B          B                KY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23547939 33574061                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/06/2025 2          B          B          B          B          B          B          B          B          B          B                KY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23547939 33574066                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                Disaster Name: ___                                                                                                       The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-06-11): XXXXX                                                                                                                   06/11/2025 2          C          B          C          B          C          B          C          B          C          B                KY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                          Disaster End Date:  ___                                                                                                                                                                                                                                                                       The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 23547939 33574151                         Credit     Income /       Income         Income /       Verification(s) of employment is not within 10 business days of the Note.                                                   -                                                                                                                        Guides required salaried employment be verified with a WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                KY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          covering the most recent 2yr period, AND VVOE or Paystub dated within 10 business days of close.  File is missing several employment verifications to complete a                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   two-year history from application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
[redacted] [redacted] [redacted] [redacted] 23547939 33574184                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Guides required salaried employment be verified with a WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-11): XXXXX                                                                                             06/11/2025                       1          C          A          C          A          C          A          C          A          C          A                KY        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          covering the most recent 2yr period, AND VVOE or Paystub dated within 10 business days of close.  File is missing several employment verifications to complete a                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   two-year history from application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 20292719 33441156                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20292719 33441165                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.40700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,816.81 or 1.40700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,822.81 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,006.00 (an overage of $2,816.81 or 1.40700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21708676 33543015                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21708676 33543016                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,550.36.  Threshold maximum is $3,347.50.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21708676 33543017                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21708676 33543018                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.30300% is in excess of the allowable     Total fees financed by lender is $3,550.36.  Threshold maximum is $3,347.50.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,550.36 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $202.86 or .30300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21708676 33543019                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21708676 33543020                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.30300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $202.86 or .30300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,550.36 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,347.50 (an overage of $202.86 or .30300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22045244 33505976                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.90056% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,421.00 or 1.90056%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,821.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $3,421.00 or 1.90056%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22045244 33506700                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28733082 33554867                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99920% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,273.99 or 4.99920%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/04/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,318.99 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,273.99 or 4.99920%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20005284 33514395                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $952.00 or 4.99700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/28/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,997.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $952.00 or 4.99700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20005284 33514412                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 24832906 33442800                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99940% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,356.31 or 1.99940%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,892.74 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $6,536.43 (an overage of $4,356.31 or 1.99940%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24832906 33442853                         Credit     Asset          Asset          Asset          Available for Closing is insufficient to cover Cash From Borrower.                                                                                                                                                                                   Verified liquid assets in the amount of $0.00 are insufficient to meet cash to close of $1,641.08. Due missing insufficient assets.                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-28): XXXXX                                                                                             05/28/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Calculation /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-20): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 29860723 33441645                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/14/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29860723 33441689                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-04): XXXXX                                                                                             06/04/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 25040948 33511480                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23138738 33469258                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98972% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $545.54 or 4.98972%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,590.54 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $545.54 or 4.98972%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23138738 33469261                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation from lender/seller confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-21): XXXXX                                                                                             05/21/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 27237972 33534989                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $66,616.40.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 24739275 33458168                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 25663241 33589553                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.55900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $838.50 or .55900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,338.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $838.50 or .55900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25663241 33592963                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25663241 34490025                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28813925 33498054                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 26251562 33636034                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26251562 33636040                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26251562 34490026                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26172560 33614602                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.62649% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,154.50 or 4.62649%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,199.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,154.50 or 4.62649%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23733847 33707283                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.78100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $496.95 or 4.78100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/23/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,541.95 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $496.95 or 4.78100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27048008 33541365                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27048008 33548996                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    File is missing the signed Final Closing statement.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 20379510 33436443                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20379510 33436494                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.01100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $367.10 or 4.01100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,412.10 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $367.10 or 4.01100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28735545 33519497                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Investment Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 21158852 33636592                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. Closing statement reflects HOI premium and                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-06-18): XXXXX                                                                                                                   06/18/2025 2          A          A          A          A          A          A          A          A          A          A                MI        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                            property taxes that were not on the HELOC agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21158852 33636602                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/16/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26790462 33987783                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23018823 33581776                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 27565895 33517189                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-12): XXXXX                                                                                             06/12/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 20204119 33490001                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              05/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20204119 33490002                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $80.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/22/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,125.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $80.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20204119 33504871                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 190                                                                                                                                             The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-27): XXXXX                                                                                                                   05/27/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26735900 33561212                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 25279059 33481114                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/21/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25279059 33481129                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 25279059 33481162                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.30839% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $43.75 or 4.30839%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/21/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,088.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $43.75 or 4.30839%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25557328 33482292                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 26395565 33562791                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26395565 33562792                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $8,998.35.  Threshold maximum is $8,634.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26395565 33562793                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26395565 33562795                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.21100% is in excess of the allowable     Total fees financed by lender is $8,998.35.  Threshold maximum is $8,634.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  (1) Signed letter  D        B       C        A      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $8,998.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $364.35 or .21100%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26395565 33562796                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26395565 33562797                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.21100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,817.95 or 2.21100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/05/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check D        B       C        A      C          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,998.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,180.40 (an overage of $3,817.95 or 2.21100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26395565 33562897                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   AVM provided in file is dated post closing. Please provide valuation dated prior to Note date.                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          D          A          D          A          D          A                     A          D          A                WA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26395565 33583304                         Credit     Loan Package   Application /  Loan Package   Missing Document: BPO not provided                                                                                                                                                                                                                   BPo in file is blank. Approval reflects value of $561,000 used to qualify. Please provide BPO or other valuation used to qualify dated prior to Note date.                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     D        B       C        A      C          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 26369336 33904576                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27322605 33519989                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.94554% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $727.45 or 4.94554%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/29/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,772.45 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $727.45 or 4.94554%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27322605 33520014                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The subject property is located in a FEMA disaster area that does not have a declared end date.  Provide a post-disaster inspection verifying there was no damage.                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       The inspection must include exterior photos and the property must be inspected.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 26027448 33905601                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.21020% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of $502.02 or 4.21020%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/16/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,547.02 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $502.02 or 4.21020%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26027448 33905631                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22468498 33547998                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               File is misisng the Master Policy.                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-12): XXXXX                                                                                             06/12/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 27589785 33682390                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                OK        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 27589785 33682394                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/20/2025 2          B          B          B          B          B          B          B          B          B          B                OK        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27589785 34489938                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     B                     A                     A                                           A                OK        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22334137 33454229                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99983% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $359.94 or .99983%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,159.94 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $1,800.00 (an overage of $359.94 or .99983%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22334137 33454256                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22334137 33454285                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 22334137 33454307                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,159.94.  Threshold maximum is $1,800.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 22334137 33454310                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 22334137 33454319                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99983% is in excess of the allowable     Points and Fees exceed allowable threshold by $359.94  or .99983%.                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,159.94 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $359.94 or .99983%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-21): XXXXX                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX                                                                                                                                                                                                                                                                                               compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 22334137 33454320                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX                                                                                             06/05/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 28157838 33511241                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 28157838 33511373                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 28157838 33511374                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,816.80. Threshold maximum is $2,350.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 28157838 33511375                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 28157838 33511376                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99319% is in excess of the allowable     Total fees financed by lender is $2,816.80. Threshold maximum is $2,350.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,816.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $466.80 or .99319%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28157838 33511377                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-02): XXXXX                                                                                             06/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 28157838 33511378                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99319% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $466.80 or .99319%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/28/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,816.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,350.00 (an overage of $466.80 or .99319%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20076257 33488285                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-28): XXXXX                                                                                             05/28/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20076257 33488286                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,418.65  Threshold maximum is $3,250.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce fees from                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-05-28): XXXXX                                                                                             05/28/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20076257 33488287                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-28): XXXXX                                                                                             05/28/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20076257 33488288                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.25946% is in excess of the allowable     Total fees financed by lender is $3,418.65.  Threshold maximum is $3,250.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-28): XXXXX                                                                                             05/28/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,418.65 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $168.65 or .25946%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20076257 33488290                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.25946% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $168.65 or .25946%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/22/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,418.65 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,250.00 (an overage of $168.65 or .25946%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20076257 33488303                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/22/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     C        B       B        B      C          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   to the title report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21610746 33489044                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.76736% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,199.10 or 4.76736%%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     05/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,244.10 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,199.10 or 4.76736%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21610746 33489370                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21508073 33510190                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22096731 33592054                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221                                                                                                                                        Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-06): XXXXX                                                                                                                   06/06/2025 2          A          N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20049191 33510713                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.47300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $428.00 or 4.47300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,473.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $428.00 or 4.47300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22833134 33486553                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/22/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26262700 33490244                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 24877875 33497565                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 28585658 33468247                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        File is missing Mortgage statement for XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-21): XXXXX                                                                                             05/21/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 29456123 33665363                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.43700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $392.00 or 4.43700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/18/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,437.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $392.00 or 4.43700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24825121 33625469                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       A        A      C          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 21049963 33511370                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-28): XXXXX                                                                                                                   05/28/2025 2          A          N/A        A          A          N/A        N/A                              A          A                AZ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23566098 33542444                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20379382 33636590                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20379382 33636610                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.85513% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,538.40 or 4.85513%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,583.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,538.40 or 4.85513%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20379382 34490035                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21319005 33518956                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          D          A          A          A          N/A        A                     A          D          A                WA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 28395454 33682094                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/20/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28395454 33682095                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/20/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26796950 33807797                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25734300 33511681                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,274.73  Threshold maximum is $3,750.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 25734300 33511682                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 25734300 33511683                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.69964% is in excess of the allowable     Total fees financed by lender is $4,274.73.  Threshold maximum is $3,750.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,274.73 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $524.73 or .69964%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25734300 33511685                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.69964% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $524.73 or .69964%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,274.73 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,750.00 (an overage of $524.73 or .69964%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25734300 33511708                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 25734300 33511731                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21472097 33466809                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20575257 33505044                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20575257 33505101                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for Securitization purpose.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 21028352 33541577                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.86088% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,377.40 or .86088%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,177.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $1,377.40 or .86088%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22557395 33439505                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,205.50 or 5.00040%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22928446 33543573                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22928446 33543578                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22928446 33543591                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.47293% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $260.11 or .47293%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,010.11 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,750.00 (an overage of $260.11 or .47293%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22928446 33543637                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 22928446 33543638                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 22928446 33543639                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 22928446 33543640                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.47293% is in excess of the allowable     Points and Fees on subject loan of 5.47293% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,010.11 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       C        B      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,010.11 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $260.11 or .47293%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $260.11 or .47293%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 22928446 33543641                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 29175938 33511733                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.93649% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,827.28 or 1.93649%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/28/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       C        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,207.28 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,380.00 (an overage of $2,827.28 or 1.93649%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29175938 33511743                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 29175938 33511758                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-05-30): XXXXX                                                                                             05/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29175938 33511797                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of  50.62798%  exceeds Guideline total debt ratio of 50.00000%. Lender did not include full PITI from first lien     Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-10): XXXXX                                                                                                                   06/10/2025 2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance                     D        B       C        B      B          B          D        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      mortgage statement in DTI. Mortgage statement reflects total payment of $5,773.87. Per final 1003 lender only included $5,463.12.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-30): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 23828774 33472414                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX  declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 25729903 33510763                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.46997% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $281.98 or .46997%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/28/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,281.98 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,000.00 (an overage of $281.98 or .46997%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25729903 33511474                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 25729903 33511484                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,281.98.  Threshold maximum is $3,000.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 25729903 33511487                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 25729903 33511493                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 25729903 33511501                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.46997% is in excess of the allowable     Total fees financed by lender is $3,281.98.  Threshold maximum is $3,000.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,281.98 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $281.98 or .46997%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-29): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27204198 33575352                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      The file was missing proof the disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                06/09/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25821798 33815644                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date     Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        B       A        A      C          B          D        B                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25821798 33815645                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     D        B       A        A      C          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25821798 33815651                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       A        A      C          B          D        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 25821798 33815652                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       A        A      C          B          D        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 25821798 33815653                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.43191% is in excess of the allowable     Points and Fees exceed allowable threshold by $321.77 or .43191%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  D        B       A        A      C          B          D        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,046.77 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $321.77 or .43191%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25821798 33815655                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.43191% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $321.77 or .43191%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       A        A      C          B          D        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,046.77 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,725.00 (an overage of $321.77 or .43191%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25821798 33816614                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00      HOEPA Disclosure reflects  amount borrowed outside of $100.00 tolerance                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       A        A      C          B          D        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 25553921 33473390                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.70930% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $871.51 or 4.70930%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         05/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,916.51 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $871.51 or 4.70930%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28473697 33607762                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28473697 33607765                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     06/11/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23275704 33478930                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23156905 33795206                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23156905 33795213                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23156905 33795217                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        XXXXX: Mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 27281137 33795923                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24251985 33581681                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-09): XXXXX                                                                                                                   06/09/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26913348 33807917                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/02/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Investment Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26913348 33807930                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          B          B          A          A          A          A                                A          A                LA        Investment Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26913348 33808054                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/02/2025 2          B          B          B          B          B          B          B          B          B          B                LA        Investment Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22333397 33570434                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27759796 33496769                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.85800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,787.00 or 1.85800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,287.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,787.00 or 1.85800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22327960 33705964                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.18000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $469.40 or 4.18000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,514.40 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $469.40 or 4.18000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22327960 33706081                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22327960 33854613                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29696800 33755852                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-03): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29696800 33755866                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-26): XXXXX                                                                                                                   06/26/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20217639 33448245                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-22): XXXXX                                                                                             05/22/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Investment Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 20217639 33448248                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20217639 33508963                         Property   Credit         General        Credit         The property type differs between the valuation documents in file. Unable to verify the property type.  Ineligible per                                                                                                                               Loan approved as a PUD. BPO shows subject is a condo.                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-06-17): XXXXX                                                                                             06/17/2025                       1                     A                     A                     A                     A                     A                CA        Investment Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                                                              guidelines.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 20217639 33508964                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Two valuations were provided, one of which does not support value. No CU or LCA provided. Sec                                                                                                                             Two valuations were provided, one of which does not support value. No CU or LCA provided.                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1                     A                     A                     A                     A                     A                CA        Investment Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation ID: 142                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 20217639 33723941                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    HELOC Agreement and Security Instrument list an incorrect spelling for the subject City.                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1                     A                     A                     A                     A                     A                CA        Investment Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 20217639 33816363                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                CA        Investment Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27339041 33581843                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.02200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $55.00 or .02200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          06/09/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,555.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $55.00 or .02200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29202344 33543044                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 23481352 33606752                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-17): XXXXX                                                                                             06/17/2025                       1          B          A          B          A          B          A          B          A          B          A                GA        Primary    Refinance                     D        A       D        A      B          A          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-06-12): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 23481352 33606768                         Credit     Loan Package   Closing /      Missing        Missing Document: Security Instrument - Subject Lien not provided                                                                                                                                                                                    The file is missing a copy of Security Instrument.                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-12): XXXXX                                                                                             06/12/2025                       1          D          A          D          A          D          A          D          A          D          A                GA        Primary    Refinance                     D        A       D        A      B          A          A        A                            No
                                                                                                 Documentation  Title          Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 23481352 33606885                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             Flood insurance coverage is insufficient by $215,106.40 .Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-16): XXXXX                                                                                             06/16/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     D        A       D        A      B          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           estimate supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 22125103 33513019                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/28/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27302850 33549288                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.74900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,623.50 or 1.74900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,123.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,623.50 or 1.74900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23194685 33491559                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22973024 33561522                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 21973027 33506061                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/27/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29166729 33563754                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.26000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $215.00 or 4.26000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/05/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,260.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $215.00 or 4.26000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25815491 33706536                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.73751% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,228.48 or .73751%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/23/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,225.64 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,997.16 (an overage of $1,228.48 or .73751%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24923265 33629396                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/13/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24923265 34490043                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                MD        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21764568 33520967                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          D          A          D          A          D          A                     A          D          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 21764568 33520970                         Property   Property -     Appraisal      Property -     Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25                                                                                                                                               The valuation used to qualify is dated after close.                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-03): XXXXX                                                                                             06/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 20788957 33816073                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20788957 33816085                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22471590 33542246                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 28367732 33525874                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $948.00 or 4.99300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/30/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,993.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $948.00 or 4.99300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20054056 33638306                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,820.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/16/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,050.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,230.00 (an overage of $2,820.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28993438 33542463                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-03): XXXXX                                                                                                                   06/03/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NY        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28993438 33542471                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.36269% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,178.75 or .36269%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/03/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,928.75 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $9,750.00 (an overage of $1,178.75 or .36269%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24836279 33542411                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 24836279 33542847                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $$955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24836279 33542849                         Compliance Compliance     Federal        TILA Right-to- TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date                                         Truth in Lending Act:  Subject loan transaction disbursed on XX/XX/XX, prior to three (3) business days from transaction Loan was disbursed prior to midnight of third business day after consummation.  Lender to re-open recission, provide copy of new right to cancel form, copy of                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-06-18): XXXXX                                                                                                        06/18/2025            2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance  TILA ROR - Provide C        B       C        A      C          B          A        B                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                     date of XX/XX/XX.                                                                                                        letter of explanation sent to borrower, and proof of delivery.  Note:  This exception will not be cleared until expiration of new recission period.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-06-11): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 24836279 33819201                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25923536 33575077                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.16800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $252.00 or .16800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/06/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,752.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $252.00 or .16800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23572886 33541203                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23572886 33541204                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,204.70.  Threshold maximum is $5,014.89.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23572886 33541205                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23572886 33541206                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.83400% is in excess of the allowable     Points and Fees exceed allowable threshold by $1,517.88 or .83400%.                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $10,617.88 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,517.88 or .83400%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23572886 33541207                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23572886 33541208                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.83400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,517.88 or .83400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,617.88 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $5,460.00 (an overage of $5,157.88 or 2.83400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25058684 33615207                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26012519 33665321                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-17): XXXXX                                                                                                                   06/17/2025 2          A          N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26012519 33665457                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99947% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,966.86 or 4.99947%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,011.86 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,966.86 or 4.99947%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20152935 33703630                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25595002 33860683                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29494368 33560723                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Last Rate Set Date                                                                                           Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              Transaction Date used to determine rate used for testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29494368 33560750                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.67130% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $544.13 or 3.67130%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/05/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,589.13 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $544.13 or 3.67130%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22307813 33819184                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/01/2025 2                     A                     A                     A                                           B                WA        Investment Refinance                     A        B       A        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27618203 33541768                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22797989 33571425                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 25518619 33824368                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25518619 33824371                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25518619 33824392                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,860.00 or 2.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,150.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,290.00 (an overage of $2,860.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20799051 33511075                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-05-28): XXXXX                                                                                                                   05/28/2025 2          A          N/A        A          A          N/A        N/A                              A          A                GA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20799051 33511176                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.82800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,324.80 or .82800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       05/28/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,124.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $1,324.80 or .82800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27552137 33506713                         Property   Property -     Appraisal      Property -     Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25                                                                                                                                               The valuation used to qualify was obtained post-close.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27552137 33506716                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-05-29): XXXXX                                                                                             05/29/2025                       1          D          A          D          A          D          A                     A          D          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27552137 33506721                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 23079678 33616697                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99520% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,199.00 or 4.99520%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/12/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,244.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,199.00 or 4.99520%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23079678 33617241                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/12/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   to the report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23079678 34490045                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                AZ        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29102924 33561585                         Credit     Asset          Asset          Asset          Available for Closing is insufficient to cover Cash From Borrower.                                                                                                                                                                                   Verified liquid assets in the amount of $0.00 are insufficient to meet cash to close of $507.09.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                Calculation /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 29102924 33561623                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29102924 34490046                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CO        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22906401 33511979                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,970.00 or 1.98000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,470.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,970.00 or 1.98000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22906401 33512007                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22906401 33513376                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20725044 33823433                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25796892 33591059                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25796892 34490048                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                NV        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22398165 33804059                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          B          B          A          A          A          A                                A          A                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27206505 33563819                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-12): XXXXX                                                                                             06/12/2025                       1          D          A          A          A          N/A        A                     A          D          A                WA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22478764 33605205                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.17535% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $312.12 or .17535%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/11/2025 2          B          B          B          B          B          B          B          B          B          B                AR        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,652.12 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,340.00 (an overage of $312.12 or .17535%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23131475 33589954                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.62123% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX  Points and Fees exceed allowable threshold by $534.26 or .62123%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/10/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $4,834.26 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $534.26 or .62123%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29698932 33606802                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date.             Disaster Name: ___                                                                                                       The subject property is located in a FEMA disaster area that does not have a declared end date.  The property inspection was performed after the FEMA declaration    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-17): XXXXX                                                                                                                   06/17/2025 2          C          B          C          B          C          B          C          B          C          B                KY        Primary    Refinance                     C        B       C        B      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                              Disaster Declaration Date: ___                                                                                           start date but prior to the declared end date.  Most recent inspection provided is dated XX/XX/XX.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-10): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score exceeds the guideline minimum by at least 40 points.                                                                                                                                                                                              SitusAMC
[redacted] [redacted] [redacted] [redacted] 24689484 33792438                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25156917 33743879                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of 50.00126% exceeds Guideline total debt ratio of 50.00000%. Difference appears to be in the qualifying payment,    The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC            Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          C          B          C          B          C          B          C          B          C          B                NC        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      lender used $1023.20 when the qualifying payment is $1025.07.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-06-30): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25156917 33810844                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                NC        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20790693 33481390                         Credit     Property -     Appraisal      Property -     Missing Document: Appraisal not provided                                                                                                                                                                                                             Appraisal is missing from file.                                                                                                                                      Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          D          B          D          B          D          B          D          B          D          B                CA        Primary    Refinance                     D        B       D        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-24): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC            Reviewer Comment (2025-05-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20790693 33481402                         Credit     Credit         AUS            Credit         Guideline Requirement: Maximum Line Limit discrepancy.                                                                      Note Line Limit of ___ is greater than Guideline Maximum Line Limit of ___.                                              Note Line Limit of $XXXXX is greater than Guideline Maximum Line Limit of $XXXXX.                                                                                    Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-06-24): XXXXX                                                                                                                   06/24/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance                     D        B       D        B      A          A          D        B                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-10): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC            Buyer Comment (2025-05-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20790693 33481460                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided.                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          D          A          D          A          D          A                     A          D          A                CA        Primary    Refinance                     D        B       D        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-05-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-05-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20790693 33818362                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     D        B       D        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26143235 33525952                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.54800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $457.52 or 4.54800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,502.52 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $457.52 or 4.54800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29493618 33542935                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    The file is missing a copy of Note - senior lien.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          D          A          D          A          D          A          D          A          D          A                WA        Primary    Refinance                     D        B       D        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 29493618 33818422                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                WA        Primary    Refinance                     D        B       D        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24712512 33513949                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 24712512 33514389                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Security Instrument reflects notary date as XX/XX/XX hence not considered.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-05): XXXXX                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-06-05): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 24712512 33514589                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   05/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25864552 33569941                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25864552 34490051                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28999722 33588834                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.62600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $581.00 or 4.62600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,626.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $581.00 or 4.62600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23732159 33518468                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.47900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $434.00 or 4.47900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        05/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,479.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $434.00 or 4.47900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21450937 33794859                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to Review. AVM provided as primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin S&P expects and origination valuation                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20974950 33637786                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.21000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $525.00 or .21000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/16/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,025.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $525.00 or .21000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28387634 33543316                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $282,780.80.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 24077510 33542883                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          D          A          A          A          N/A        A                     A          D          A                CT        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 24077510 33542889                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 21231437 33638326                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided, with no CU or LCA.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-23): XXXXX                                                                                             06/23/2025                       1          D          A          A          A          N/A        A                     A          D          A                FL        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 21231437 33638331                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.44893% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $920.30 or .44893%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/16/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,070.30 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,150.00 (an overage of $920.30 or .44893%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20186322 33806150                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          B          B          A          A          A          A                                A          A                KY        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20186322 33806853                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                KY        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 21107327 33732217                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/26/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21107327 34489940                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     B                     A                     A                                           A                AL        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28240991 33787978                         Compliance Loan Package   Closing /      Missing,       Missing Document: HUD-1 Addendum not provided                                                                                                                                                                                                        Fike is missing a copy of the closing statement or disbursement schedule showing the debts that were required to be paid were actually paid.                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-08-10): XXXXX                                                                                             08/10/2025                       1          D          A          D          A          D          A          D          A          D          A                AZ        Primary    Refinance                     D        B       A        A      D          A          A        B                            No
                                                                                                 Documentation  Title          Incorrect, or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                               HUD-1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Seller Comment (2025-08-06): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-23): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 28240991 34175458                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      08/10/2025 2                     A                     A                     A                                           B                AZ        Primary    Refinance                     D        B       A        A      D          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26858414 33713046                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $164,276.80  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 23490874 33931730                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/17/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23490874 33932044                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lender to provide master policy.                                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-21): XXXXX                                                                                             07/21/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 24123131 33882392                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (Acknowledgement of Receipt of Home Mortgage Loan Information Document Not Received       XXXXX Consumer Sales Practices Act: Acknowledgement of Receipt of Home Mortgage Loan Information Document not received   Acknowledgement of Receipt of Home Mortgage Loan Information Document not received by borrower within five (5) business days of application.                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-16): XXXXX                                                                                                                   07/16/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                                Compliance     Level          Timely)                                                                                                                     by borrower within five (5) business days of application.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24123131 33882411                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/11/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27099862 33557471                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27415766 33542207                         Compliance Compliance     State          State Defect   (State High Cost) North Carolina High-Cost Loan (Points and Fees)                                                           XXXXX Anti-Predatory Lending Law: Points and Fees on subject loan of 5.26885% is in excess of the allowable maximum of   Points and Fees exceed allowable threshold by $228.52 or .26885%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  Within 30 days of  C        A       C        A      C          A          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $4,478.52 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out loan closing and
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $228.52 or .26885%).  Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    prior to receiving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Attestation of no
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Signed letter from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)   Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             60 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure;  (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             signed borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice letter to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either (a) accept
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan non-high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or (b) keep loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             as high-cost and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant;  (5) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(a) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, copy of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund check and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (must be in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (6) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(b) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure for each of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations.  Note,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 27415766 33542213                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      C          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 25836845 33783079                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 25836845 33783083                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/27/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25836845 33804064                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 28001995 33542097                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 10.90900% is in excess of the allowable maximum of the greater of 5.00000% of   XXXXX Points and Fees exceed allowable threshold by $2,954.50 or 5.90900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/03/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $5,454.50 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $2,954.50 or 5.90900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29131991 33930415                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/17/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25899291 33990250                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28852554 33562296                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided, with no CU or LCA.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-12): XXXXX                                                                                             06/12/2025                       1          D          A          A          A          N/A        A                     A          D          A                VA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 20596424 33580351                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.40734% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $243.14 or 3.40734%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/09/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,288.14 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $243.14 or 3.40734%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20596424 33580396                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   Loan is to be securitized. Provided AVM is post close please provide AVM prior to closing.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          D          A          D          A          D          A                     A          D          A                FL        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20596424 33580400                         Property   Property -     Appraisal      Property -     Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25                                                                                                                                               Loan is to be securitized. Provided AVM is post close please provide AVM prior to closing.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 29034906 33635030                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/13/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29034906 33635032                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          D          A          A          A          N/A        A                     A          D          A                MI        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 29034906 33925346                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2                     A                     A                     A                                           B                MI        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23097609 33578204                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/06/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23097609 34490052                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                PA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21073516 33549935                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          D          A          A          A          N/A        A                     A          D          A                AZ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 20366606 33554969                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20366606 33554991                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.79100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $746.00 or 4.79100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,791.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $746.00 or 4.79100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24279404 33542158                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24279404 33542193                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.71700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,379.55 or 4.71700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,424.55 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,379.55 or 4.71700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20178258 33820987                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/03/2025 2          A          A          A          A          A          A                                B          B                NE        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22177011 33540210                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.13425% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $335.63 or .13425%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,835.63 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $335.63 or .13425%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23318274 33543190                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,880.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,200.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,320.00 (an overage of $2,880.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26506347 33542655                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.67267% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,009.00 or .67267%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/03/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check D        B       C        A      B          B          D        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,509.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,009.00 or .67267%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26506347 33542671                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     D        B       C        A      B          B          D        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26506347 33542928                         Property   Property -     Appraisal      Property -     Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25                                                                                                                                               Loan is to be securitized. Provided AVM is post close please provide AVM prior to closing.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     D        B       C        A      B          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 26506347 33542929                         Property   Property -     Appraisal      Property -     Loan is to be securitized. No eligible primary ("Use for LTV") valuation was provided. Sec ID: 135                                                                                                                                                   Loan is to be securitized. Provided AVM is post close, please provide AVM prior to closing.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          D          A          D          A          D          A                     A          D          A                NC        Primary    Refinance                     D        B       C        A      B          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-04): XXXXX
[redacted] [redacted] [redacted] [redacted] 26506347 33599349                         Property   Appraisal      Value          Appraisal      Loan is to be securitized. Multiple valuations were provided. One or more secondary valuations support value.  One non-     Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Multiple valuations were provided. One or more secondary valuations support value. One non-supporting secondary valuation with an                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-10): XXXXX                                                                                                                   06/10/2025 2                     A                     A                     A                                           B                NC        Primary    Refinance                     D        B       C        A      B          B          D        B                            No
                                                                                                 Reconciliation Discrepancy    Reconciliation supporting secondary valuation with an effective date within 12 months of note date was provided. No CU or LCA providing                                                                                                                             effective date within 12 months of note date was provided. No CU or LCA providing relief are in evidence.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                              relief are in evidence. Sec ID: 147                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-06): XXXXX
[redacted] [redacted] [redacted] [redacted] 23672647 33704050                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $655.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/20/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,700.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $655.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22979503 33540467                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          D          A          A          A          N/A        A                     A          D          A                VA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 24847423 33756947                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24847423 33757022                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98818% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,442.00 or 4.98818%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,487.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,442.00 or 4.98818%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24847423 33804067                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 23839657 33755681                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 180                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-03): XXXXX                                                                                             07/03/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                PA        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 23839657 33797341                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          B          B          A          A          A          A                                A          A                PA        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25036747 33542619                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/04/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27790676 33542533                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 28434500 33807726                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23253510 33815301                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25010579 33578836                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          D          A          A          A          N/A        A                     A          D          A                NY        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010579 33593100                         Credit     Guideline      Guideline      Guideline      Borrower has been on current job less than 2 years, and prior employment history was not documented as required.            -                                                                                                                        Per guidelines in all cases of employment, a 2 year history should be verified. Borrower has been on current job less than 2 years, and prior employment history was                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-09): XXXXX                                                                                             06/09/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                              not documented as required.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22509551 33592724                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22509551 33592745                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.76669% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,663.72 or .76669%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,173.72 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,510.00 (an overage of $1,663.72 or .76669%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22509551 34490056                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25722515 33541787                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.20400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $159.00 or 4.20400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,204.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $159.00 or 4.20400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25722515 33541808                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23463482 33807282                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.94500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $900.00 or 4.94500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,945.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $900.00 or 4.94500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23463482 33807346                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23463482 33807372                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21508780 33969716                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21508780 33969735                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 21508780 33969759                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24716881 33861749                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/10/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26457133 33805534                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          B          B          A          A          A          A                                A          A                IL        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26457133 33805551                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 26457133 33807589                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        The file was missing proof the appraisal was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 07/02/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26457133 33807590                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        The file was missing proof the appraisal was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 07/02/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29892122 33795542                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                NV        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 29374560 33919191                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                NV        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27257249 33608117                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27257249 34490058                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22283413 33618653                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.18200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $364.00 or 0.18200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/12/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,364.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $364.00 or .18200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20686607 33543045                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99943% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,419.03 or 1.99943%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/04/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,549.03 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,130.00 (an overage of $3,419.03 or 1.99943%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20686607 33543050                         Credit     Loan Package   Application /  Loan Package   Missing Document: Missing Final 1003                                                                                                                                                                                                                 The file is missing a copy of final 1003.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-05): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 21080118 33541661                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.27340% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $423.77 or .27340%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/04/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $8,173.77 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $423.77 or .27340%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22484297 33655262                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22484297 34490059                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23767818 33705842                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.33800% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $669.00 or 1.33800%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/23/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $3,169.00 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $669.00 or 1.33800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29988877 33833445                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $108.05 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/08/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,153.05 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $108.05 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24130235 33724862                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24130235 33724869                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-08-11): XXXXX                                                                                             08/11/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-08-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 24130235 33725164                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/25/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24130235 33725165                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/25/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24130235 33725167                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 24130235 33803896                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     B                     A                     A                                           A                IL        Primary    Refinance                     C        B       C        A      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26046327 33830745                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27031879 33540433                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.90900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $864.00 or 4.90900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/04/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,909.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $864.00 or 4.90900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26403327 33613735                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 26403327 33613756                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/12/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26403327 34490060                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                SC        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22463664 33605189                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy Effective Date is after closing.                                                                                                                                                                                         The homeowner's insurance declarations page in the file verified an effective date of XX/XX/XX which is after the consummation date of XX/XX/XX.  Provide a revised                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                           homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 25021930 33708135                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.73600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $2,812.32 or 1.73600%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/23/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Second     Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,672.32 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Home       - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,860.00 (an overage of $2,812.32 or 1.73600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25021930 33708181                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/23/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Second     Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25021930 34490061                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                FL        Second     Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23589529 33548383                         Property   Property -     Appraisal      Property -     Loan is to be securitized. The valuation selected as "Use for LTV" was obtained post-close. Sec ID: 25                                                                                                                                               Provide AVM for appraisal value of ($384,350), which is used for LTV.                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Investment Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 23589529 33548399                         Credit     Borrower and   Mortgage /     Borrower and   Guideline Requirement: Combined High loan to value discrepancy.                                                                                                                                                                                      Calculated high loan to value percentage of 80.19291% exceeds Guideline high loan to value percentage of 75.00000%                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Investment Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                 Mortgage       Program        Mortgage                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                 Eligibility    Eligibility    Eligibility                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 23589529 33548401                         Credit     Credit         AUS            Guideline      Guideline Requirement: Combined loan to value discrepancy.                                                                                                                                                                                           Calculated combined loan to value percentage of 80.19291% exceeds Guideline combined loan to value percentage of 75.00000%.                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Investment Refinance                     C        A       C        A      A          A          C        A                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 27636463 33629964                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27636463 33629965                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,052.00.  Threshold maximum is $5,000.00                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27636463 33629966                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27636463 33629967                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.05200% is in excess of the allowable     Total fees financed by lender is $5,052.00.  Threshold maximum is $5,000.00                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,052.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $52.00 or .05200%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27636463 33629968                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27636463 33629969                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.05200% is in excess of the investor allowable       XXXXX Points and Fees Test exceed allowable threshold by $1,007.00 or 5.05200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 06/13/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,052.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,007.00 or 5.05200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24995332 33617266                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.75001% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,125.01 or .75001%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,625.01 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,125.01 or .75001%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29182361 33675672                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 20267567 33613351                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20267567 33613352                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20267567 33613353                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,999.79.  Threshold maximum is 2500.00. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20267567 33613354                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20267567 33613355                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99958% is in excess of the allowable     Total fees financed by lender is $2,999.79. Threshold maximum is $2,500.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,999.79 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $499.79 or .99958%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20267567 33613356                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20267567 33613357                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99958% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $499.79 or .99958%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,999.79 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,500.00 (an overage of $499.79 or .99958%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26564504 33635045                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.41300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $640.15 or .41300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/13/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,290.15 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,650.00 (an overage of $640.15 or .41300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26564504 33635048                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 20153099 33910046                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                KY        Investment Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21748195 33591071                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/10/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21748195 33591317                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lender to provide master policy                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-06-17): XXXXX                                                                                             06/17/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 20618842 33971309                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         HOEPA disclosure was not provided to the Borrower                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20618842 33971311                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20618842 33971312                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 20618842 33971313                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.22090% is in excess of the allowable     Points and Fees on exceed allowabl ethreshold of $176.72 or .22090%                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,176.72 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $176.72 or .22090%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20618842 33971316                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.22090% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $176.72 or .22090%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,176.72 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,000.00 (an overage of $176.72 or .22090%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20618842 33971334                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29546673 33863696                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20225589 33628490                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.95049% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $707.47 or 4.95049%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,752.47 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $707.47 or 4.95049%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20225589 33628499                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21938897 33612284                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/12/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21938897 34490062                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                OR        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25797461 33541796                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-06-11): XXXXX                                                                                                                   06/11/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 25797461 33541813                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for Securitization purpose.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-06): XXXXX                                                                                             06/06/2025                       1          D          A          A          A          N/A        A                     A          D          A                NC        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-05): XXXXX
[redacted] [redacted] [redacted] [redacted] 29247563 33636844                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 29247563 33636864                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99940% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,204.37 or 4.99940%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/13/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,249.37 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,204.37 or 4.99940%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29247563 33851275                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29840137 33798876                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25066152 33562531                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25066152 34490063                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28357800 33589057                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28357800 34490064                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Investment Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23840610 33618081                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.17295% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,935.36 or 1.17295%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,885.36 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,950.00 (an overage of $1,935.36 or 1.17295%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23840610 33618083                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                                        07/08/2025            2          C          B          C          B          C          B          C          B          C          B                CA        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        B                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-07-08): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Seller Comment (2025-07-01): XXXXX                                                                                                                                                                                                                                                                                               using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 23840610 33865291                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29025729 33805505                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23645717 33763235                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.86189% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $573.80 or 4.86189%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,618.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $573.80 or 4.86189%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23645717 33763360                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23645717 33804094                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 27500236 33799954                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 26593612 33571211                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.37047% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $1,460.33 or 1.37047%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/06/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $6,788.18 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $1,460.33 or 1.37047%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29016150 33627502                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.54300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $383.75 or 3.54300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,428.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $383.75 or 3.54300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29016150 33627545                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29016150 34490065                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27022222 33686113                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99997% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,999.95 or 1.99997%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,499.95 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,999.95 or 1.99997%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27022222 33686119                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27022222 33686123                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27022222 34490066                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23464203 33799980                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 22059657 33820737                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22015650 33816202                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                SC        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29799036 33589469                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.64700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $513.75 or 3.64700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,558.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $513.75 or 3.64700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29799036 33589536                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 29799036 33589547                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29799036 34490067                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22847520 33590294                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The Title Policy Amount of $XXXXX is less than the note amount of $XXXXX. Please provide amended policy coverage.                                                    Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Investment Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22623514 33579262                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          D          A          A          A          N/A        A                     A          D          A                PA        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-12): XXXXX
[redacted] [redacted] [redacted] [redacted] 27466556 33571089                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/05/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27466556 34490068                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25794424 33900186                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/16/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                LA        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22313850 33958011                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22313850 33991096                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                PA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          required. Missing additional W2 or WVOE. Only XXXXX W2 provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 20421315 33712551                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               06/24/2025 2          A          N/A        A          A          N/A        N/A                              A          A                IN        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28663607 33591358                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28663607 34490069                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                NJ        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28477423 33614799                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28477423 34490070                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27131572 33704874                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                                                   06/24/2025 2          A          A          A          A          A          A          A          A          A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29094445 33580304                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/09/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29094445 33580310                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.83363% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $742.62 or 1.83363%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/09/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $2,767.62 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $742.62 or 1.83363%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29094445 34490071                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Investment Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21620035 33662166                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21620035 34490072                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23948249 33806571                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22788591 33825482                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26136706 33846167                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26136706 33846169                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 29278777 33618288                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                06/13/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27993012 33606745                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-13): XXXXX                                                                                             06/13/2025                       1          D          A          A          A          N/A        A                     A          D          A                WI        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 20199357 33806225                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29649028 33729683                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-03): XXXXX                                                                                                                   07/03/2025 2          A          A          A          A          A          A          A          A          A          A                IN        Primary    Refinance                     A        B       A        A      A          A          A        B                            No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29649028 33836850                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/03/2025 2                     B                     A                     A                                           A                IN        Primary    Refinance                     A        B       A        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25638723 33872922                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25638723 33905744                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Missing mortgage statement.                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-08-14): XXXXX                                                                                             08/14/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-08-13): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-08-01): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-31): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 21947553 33636384                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.82200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,055.00 or .82200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,555.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $2,055.00 or .82200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21947553 33636479                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21947553 34490073                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24775227 33615802                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 24775227 33615803                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 24775227 33615804                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 24775227 33615805                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.66267% is in excess of the allowable     Points and Fees on subject loan of 5.66267% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,397.60 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,397.60 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $397.60 or .66267%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $397.60 or .66267%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24775227 33615806                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 24775227 33615807                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.66267% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $397.60 or .66267%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/12/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,397.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,000.00 (an overage of $397.60 or .66267%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24775227 33615809                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (High Cost Disclosure Not Provided)                                          XXXXX Covered Loan: Required high-cost disclosure terms not provided to borrower.                                        Required high-cost disclosure terms not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 24775227 33615810                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (Mortgage Loan Origination Disclosure Statement Not Provided)                XXXXX Covered Loan: Borrower not provided with mortgage loan origination disclosure statement in accordance with         Borrower not provided with mortgage loan origination disclosure statement in accordance with division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 24775227 33615811                         Compliance Compliance     State          State Defect   (State High Cost) Ohio Covered Loan (Points and Fees)                                                                       XXXXX Anti-Predatory Lending Act: Points and Fees on subject loan of 5.66267% is in excess of the allowable maximum of   Points and Fees on subject loan of 5.66267% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $3,397.60 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $3,397.60 on a Total Loan Amount of $XXXXX vs. an allowable     Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $397.60 or .66267%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $397.60 or .66267%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-13): XXXXX
[redacted] [redacted] [redacted] [redacted] 29121698 33579891                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/09/2025 2          B          B          B          B          B          B          B          B          B          B                TN        Investment Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29121698 34490074                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                TN        Investment Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28849022 33621313                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.26205% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $217.05 or 4.26205%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,262.05 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $217.05 or 4.26205%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25734784 33605779                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.66983% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $358.80 or 3.66983%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,403.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $358.80 or 3.66983%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29116752 33686311                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99980% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,554.74 or 4.99980%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       B        B      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,599.74 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,554.74 or 4.99980%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29116752 33686337                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29116752 33686348                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27281164 33572941                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-10): XXXXX                                                                                             06/10/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23772606 33907472                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20037846 33874059                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-10): XXXXX                                                                                                                   07/10/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25090895 33592994                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 25090895 33592995                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          5,204.70                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                        .  Threshold maximum is $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                   5,014.89                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-06-11): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                   .  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold
                                                                                                                                                                                                                                                                                                                                                                                                   calculation.
[redacted] [redacted] [redacted] [redacted] 25090895 33592996                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 25090895 33592997                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99719% is in excess of the allowable     Points and Fees exceed allowable threshold by an average of  $568.40 or .99719%.                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,418.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $568.40 or .99719%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25090895 33592998                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 25090895 33592999                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99719% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $568.40 or .99719%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,418.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,850.00 (an overage of $568.40 or .99719%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25090895 33593001                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Colorado Covered Loan (Consumer Caution Notice Not Provided)                                   XXXXX Covered Loan:  Consumer Caution Notice not provided to borrower.                                                   Consumer Caution Notice not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 25090895 33593002                         Compliance Compliance     State          State Defect   (State High Cost) Colorado Covered Loan (Points and Fees)                                                                   XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 5.99719% is in excess of the allowable maximum  Points and Fees exceed allowable threshold by an average of  $568.40 or .99719%.                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  For application    C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $3,418.40 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out prior to 1/10/14,
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $568.40 or .99719%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other    no obvious cure.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-11): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For applications
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on or after
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             1/10/14, same as
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             DF HOEPA cure:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28016294 33793824                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28016294 33793850                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.05500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $$253.30 or 4.05500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       B        B      B          B          D        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,298.30 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $253.30 or 4.05500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28016294 33795166                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 28016294 33795170                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 21221918 33816445                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                MT        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26037337 33795866                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24929166 33636443                         Compliance Compliance     Federal        FACTA          Federal FACTA Disclosure Timing Test                                                                                        FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           06/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          A        B                            No
                                                                                                                Compliance                                                                                                                                                using credit score.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24929166 33819175                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/01/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       A        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24534282 33835837                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     D        B       A        A      A          A          D        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24534282 33835839                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        B       A        A      A          A          D        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 20653804 33636505                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/16/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20653804 33636506                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)                                         ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower waived right to receive a copy of the appraisal at least three (3)     Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/16/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to closing, and appraisal was not provided at or before closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20653804 33636507                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation                                                        ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to   Borrower provided appraisal waiver less than three (3) business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                                                   06/18/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20653804 33636508                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation                                                        ECOA Valuations Rule (Dodd-Frank XXXXX): Borrower provided appraisal waiver less than three (3) business days prior to   Borrower provided appraisal waiver less than three (3) business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                                                   06/18/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22202888 34005523                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/25/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                KS        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28902551 33707180                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-23): XXXXX                                                                                                                   06/23/2025 2          A          N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28902551 33707238                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $6,620.59.  Threshold maximum is $4,729.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28902551 33707247                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00      HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28902551 33707256                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28902551 33707270                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.99999% is in excess of the allowable     Total fees financed by lender is $6,620.59.  Threshold maximum is $4,729.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $6,620.59 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,891.59 or 1.99999%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28902551 33707273                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 28902551 33707276                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.99999% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,575.59 or 6.99999%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/23/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,620.59 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,575.59 or 6.99999%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29753864 33785733                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 29753864 33807944                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27405599 33786420                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/27/2025 2          B          B          B          B          B          B          B          B          B          B                MO        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27405599 33786425                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                MO        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 27405599 33793132                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                MO        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 29034366 33906247                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23765294 33616287                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24362773 34029402                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22471684 33794915                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             The DTI of 50.10487% exceeds the QM maximum of 50.00%  The approval provided lists DTI of 27.04%. The difference appears to be due to not including the Primary                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Investment Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      residency mortgage payment.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22471684 33794921                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                AZ        Investment Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24898378 33685530                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/20/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24898378 33685531                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/20/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24898321 33637573                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-06-30): XXXXX                                                                                             06/30/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 24898321 33808338                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                NJ        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21608191 33650361                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        File is missing the XXXXX W-2 or WVOE. Guidelines require paystub plus prior 2 years of income verification.                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-16): XXXXX                                                                                             06/16/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 20956453 33662338                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date     Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                AZ        Primary    Refinance                     D        A       A        A      A          A          D        A                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 22738053 33660784                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 23427577 33823294                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23427577 33823296                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26680974 33792894                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                OR        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26680974 33792909                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold. HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26680974 33792910                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $                                                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          5,204.70                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                        .  Threshold maximum is $                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                   5,014.89                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-02): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                   .  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from Finance Charge as required resulting in false higher threshold
                                                                                                                                                                                                                                                                                                                                                                                                   calculation.
[redacted] [redacted] [redacted] [redacted] 26680974 33792911                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26680974 33792912                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 26680974 33792933                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.36900% is in excess of the allowable     Points and Fees exceed allowable threshold by $369.00 or .36900%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                OR        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,369.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $369.00 or .36900%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26680974 33792934                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.36900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,324.00 or 5.36900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/01/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,369.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,324.00 or 5.36900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29166932 33675899                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.85500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $773.75 or 3.85500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/19/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,818.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $773.75 or 3.85500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28370818 33638024                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief. Sec ID: 137                                                                                                                                 The file is missing a copy of the secondary valuation required for Securitization purpose.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                NY        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28370818 33638052                         Credit     Insurance      Insurance      Insurance      Missing Document: Flood Insurance Policy not provided                                                                                                                                                                                                File is missing copy of Flood Insurance.                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                NY        Primary    Refinance                     D        A       C        A      A          A          D        A                            No
                                                                                                                Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 21719658 33590355                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21719658 34490075                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20308903 33793943                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM (XXXXX) provided in file for secondary valuation is not within value tolerance of (-10%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21761060 33627842                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21761060 33627843                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21761060 33627844                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21761060 33627845                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.67833% is in excess of the allowable     Points and Fees on subject loan of 6.67833% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $2,003.50 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,003.50 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $503.50 or 1.67833%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $503.50 or 1.67833%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21761060 33627846                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX                                                                                             06/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          A        A                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21761060 33627847                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.67833% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $503.50 or 1.67833%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,003.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $1,500.00 (an overage of $503.50 or 1.67833%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27666111 33669094                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96693% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,915.32 or 4.96693%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/17/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,960.32 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,915.32 or 4.96693%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27250333 34006272                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-31): XXXXX                                                                                                                   07/31/2025 2          A          A          A          A          A          A                                B          B                LA        Investment Refinance                     C        B       C        A      A          A          C        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27250333 34006281                         Property   Property -     Appraisal      Property -     Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided.                                      -                                                                                                                        The file is missing copy of 442 which shows repair has been completed.                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-07-28): XXXXX                                                                                             07/28/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Investment Refinance                     C        B       C        A      A          A          C        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27250333 34006366                         Credit     Credit         Miscellaneous  Credit         Kroll Second Lien Property Exception - Primary Valuation with defect                                                                                                                                                                                 Closed End Second with missing Secondary Valuation forces an N/A Property Grade for Kroll. An additional Credit exception to cover the Primary Valuation failure is                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          A          A          A          A          C          A          A          A          A          A                LA        Investment Refinance                     C        B       C        A      A          A          C        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   required.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 27250333 34109175                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                                                                                                                                             Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    07/31/2025 2                     N/A                   A                     N/A                                         A                LA        Investment Refinance                     C        B       C        A      A          A          C        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24913218 33803861                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99999% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,699.98 or 1.99999%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,749.98 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,050.00 (an overage of $2,699.98 or 1.99999%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24913218 33803902                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24177499 33807621                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28998090 33935309                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28998090 33935311                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23105910 33828294                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 23105910 33828297                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28474568 33902514                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25478457 33712286                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.08257% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $$289.00 or .08257%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/23/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,789.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $289.00 or .08257%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25478457 33712292                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              06/23/2025 2          A          N/A        A          A          N/A        N/A                              A          A                MI        Primary    Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29213147 33723590                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29213147 34490076                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25543302 33613583                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32323% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $275.20 or 3.32323%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/12/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,320.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $275.20 or 3.32323%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27850735 33757103                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27850735 33757104                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,705.84 Threshold maximum is $3,600.00 Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27850735 33757105                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.14700% is in excess of the allowable     Points and Fees on subject loan of 5.14700% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,705.84 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,705.84 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $105.84 or .14700%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $105.84 or .14700%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27850735 33757106                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27850735 33757107                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.14700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $105.84 or .14700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/27/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,705.84 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,600.00 (an overage of $105.84 or .14700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27850735 33757109                         Compliance Compliance     State          State Defect   (State High Cost Provision) North Carolina High-Cost Loan (Counseling Requirement)                                          XXXXX High-Cost Loan:  No evidence borrower received home-ownership counseling by an approved XXXXX.                     No evidence borrower received home-ownership counseling by an approved XXXXX.                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  See any available  C        B       C        A      C          B          B        B                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out cure under the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    North Carolina
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX                                                                                                                                                                                                                                                                                               High Cost Loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             threshold
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             exception.
[redacted] [redacted] [redacted] [redacted] 27850735 33757110                         Compliance Compliance     State          State Defect   (State High Cost) North Carolina High-Cost Loan (Points and Fees)                                                           XXXXX Anti-Predatory Lending Law: Points and Fees on subject loan of 5.99875% is in excess of the allowable maximum of   Points and Fees on subject loan of 5.99875% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $4,319.10 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  Within 30 days of  C        B       C        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $4,319.10 on a Total Loan Amount of $XXXXX vs. an allowable     Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $719.10 or .99875%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out loan closing and
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $719.10 or .99875%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other    prior to receiving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Attestation of no
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Signed letter from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)   Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             60 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure;  (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             signed borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice letter to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either (a) accept
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan non-high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or (b) keep loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             as high-cost and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant;  (5) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(a) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, copy of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund check and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (must be in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (6) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(b) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure for each of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations.  Note,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 27850735 33757145                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $15,010.00 Provide updated policy reflecting minimum coverage of $XXXXX which is the amount of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27850735 33804095                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 26841599 33822465                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99830% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,997.45 or 1.99830%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,497.45 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,997.45 or 1.99830%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26841599 33822472                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27592214 33613543                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.79800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,117.20 or .79800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,317.20 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,200.00 (an overage of $1,117.20 or .79800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27592214 33613584                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/12/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27592214 34490077                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23595908 33807500                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                OR        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23175954 33809157                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                MT        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22116518 33786326                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                LA        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22116518 33808026                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                LA        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25436364 33635085                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/13/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25436364 33635088                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 25436364 34490078                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24686148 33804876                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.04300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,650.50 or 1.04300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/02/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,150.50 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $3,650.50 or 1.04300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21786764 33706564                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.74700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $301.52 or 3.74700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/23/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,346.52 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $301.52 or 3.74700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25118198 33665646                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/17/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25118198 33665714                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.92200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $109.17 or 4.92200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/17/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,154.17 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $109.17 or 4.92200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25118198 34490079                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                OR        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26130203 33935489                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26844396 33846798                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22109551 33836281                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27498189 33638194                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or an addendum Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/16/2025 2          B          B          B          B          B          B          B          B          B          B                ME        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   to the report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27498189 34490080                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                ME        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26669895 33648466                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 26669895 33938473                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28905516 33715514                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.28386% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $496.75 or .28386%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          06/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,746.75 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $496.75 or .28386%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28766284 33693648                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20448939 33627172                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $107.50 or 3.32200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/13/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,152.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $107.50 or 3.32200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27632642 33820874                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27632642 33820877                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21619884 33808160                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                WA        Investment Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29389334 33795419                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 29389334 33795435                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24985150 33808221                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                MO        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29368761 34017874                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                MS        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25332100 33795152                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20455650 33905998                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   07/15/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20455650 33906024                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement. Property taxes reflected on the closing                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-24): XXXXX                                                                                                                   07/24/2025 2          A          A          A          A          A          A          A          A          A          A                OH        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                            statement were not reflected on the HELOC agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20120226 33851058                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28060370 33991633                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26031451 33634550                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26031451 34490081                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23549361 33846474                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28955601 33814722                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29297410 33991280                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23330871 33702875                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99990% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,554.89 or 4.99990%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/20/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,599.89 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,554.89 or 4.99990%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24143761 33884033                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24143761 33884035                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22618763 33684225                         Compliance Compliance     State          Compliance     90 Day RNY has been discontinued effective XX/XX/XX.  Most recent available index value used for bona fide discount point                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                                                   06/24/2025 2          B          B          B          B          B          B          B          B          B          B                AR        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                                Compliance                    testing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22618763 33685058                         Credit     Credit         Credit         Missing        Missing Document: Credit Report not provided                                                                                                                                                                                                         The file was missing a copy of the Credit Report.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          D          A          D          A          D          A          D          A          D          A                AR        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                                Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22618763 33685069                         Credit     Loan Package   Application /  Insurance      Missing Document: Flood Certificate not provided                                                                                                                                                                                                     The file was missing a copy of the Flood Certificate.                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                AR        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                 Documentation  Processing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22618763 33685103                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.45000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $607.50 or .45000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/20/2025 2          B          B          B          B          B          B          B          B          B          B                AR        Primary    Refinance  LOE, copy of check D        B       D        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,657.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,050.00 (an overage of $607.50 or .45000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22618763 33685166                         Compliance Compliance     Federal        Missing Non-   (Missing Data) Flood Hazard Zone                                                                                            Federal Compliance - (Missing Data) Flood Hazard Zone: Special Flood Hazard Zone indicator was not provided. The         Unable to determine Special Flood Hazard Zone due to missing Flood Certificate.                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-06-24): XXXXX                                                                                                                   06/24/2025 2          B          B          B          B          B          B          B          B          B          B                AR        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              applicable flood zone related testing cannot be performed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22618763 33701904                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Missing evidence of First Payment Date.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          C          A          C          A          C          A          C          A          C          A                AR        Primary    Refinance                     D        B       D        A      B          B          A        A                            No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23433249 33924629                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                NH        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28869386 33832373                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/08/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                AR        Primary    Refinance                     C        B       C        B      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28869386 33832512                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lender Exception approving Subject property , a single family residence on 17.2 acres which are timber per county records. No evidence of farming. Compensating      Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-07-15): XXXXX                                                                                                                   07/15/2025 2          C          B          C          B          C          B          C          B          C          B                AR        Primary    Refinance                     C        B       C        B      A          A          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   factors are CLTV of 13%, DTI of 16.79% FICO of 726 No history of slow pays and qualifying income is W2 with borrower on the same job for 30 years.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Loan to Value (LTV) on the loan is less than or equal to 70%.                                                                                                                                                                                                               SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is at least 10% less than the guideline maximum.                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The qualifying DTI on the loan is less than or equal to 35%.                                                                                                                                                                                                                    SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The representative FICO score is above 680.                                                                                                                                                                                                                                     SitusAMC
[redacted] [redacted] [redacted] [redacted] 25279780 33829189                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory.                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-02): XXXXX                                                                                                                   07/02/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                AL        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26724434 33833620                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          B          B          A          A          A          A                                A          A                NV        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20380971 33797425                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 20380971 33797426                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,499.77.  Threshold maximum is $3,750.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 20380971 33797427                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.99969% is in excess of the allowable     Total fees financed by lender is $4,499.77.  Threshold maximum is $3,750.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,499.77 on a Federal Total Loan Amount of    Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $749.77 or .99969%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX                                                                                                                                                                                                                                                                                               compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20380971 33797428                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 20380971 33797429                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.99969% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $749.77 or .99969%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,499.77 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,750.00 (an overage of $749.77 or .99969%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20380971 33797431                         Compliance Compliance     State          State Defect   (State High Cost) Colorado Covered Loan (Points and Fees)                                                                   XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 5.99969% is in excess of the allowable maximum  Points and Fees exceed allowable threshold by $749.77 or .99969%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  For application    C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $4,499.77 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out prior to 1/10/14,
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $749.77 or .99969%).  Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    no obvious cure.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For applications
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on or after
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX                                                                                                                                                                                                                                                                                             1/10/14, same as
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             DF HOEPA cure:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX                                                                                                                                                                                                                                                                                               from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20380971 33797516                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26799523 33706331                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $345.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/23/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,390.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $345.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26799523 33706375                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 26799523 33854583                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21752583 33673745                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.58072% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $1,297.80 or .58072%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check D        B       B        B      B          B          D        B                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $12,471.80 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $1,297.80 or .58072%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21752583 33673769                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21752583 33674408                         Property   Appraisal      Appraisal      Appraisal      Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date                                                                                                                              Appraisal from prior transaction provided. No secondary valuation with effective date less than 3 months past note date provided.                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          D          A          A          A          N/A        A                     A          D          A                CA        Investment Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                 Reconciliation Documentation  Reconciliation provided. Sec ID: 156                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-19): XXXXX
[redacted] [redacted] [redacted] [redacted] 21752583 34490082                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Investment Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21068608 33828560                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21233556 33786733                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 21233556 33786734                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,412.70.  Threshold maximum is $2,000.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 21233556 33786735                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 21233556 33786736                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.03175% is in excess of the allowable     Total fees financed by lender is $$2,412.70.  Threshold maximum is $2,000.                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,412.70 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $412.70 or 1.03175%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21233556 33786737                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 21233556 33786738                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.03175% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $412.70 or 1.03175%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,412.70 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,000.00 (an overage of $412.70 or 1.03175%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21233556 33786740                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Colorado Covered Loan (Consumer Caution Notice Not Provided)                                   XXXXX Covered Loan:  Consumer Caution Notice not provided to borrower.                                                   Consumer Caution Notice not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 21233556 33786741                         Compliance Compliance     State          State Defect   (State High Cost) Colorado Covered Loan (Points and Fees)                                                                   XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 6.03175% is in excess of the allowable maximum  Points and Fees exceed allowable threshold by $412.70 or 1.03175%.                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  For application    C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $2,412.70 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out prior to 1/10/14,
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $412.70 or 1.03175%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Other    no obvious cure.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For applications
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on or after
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             1/10/14, same as
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             DF HOEPA cure:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21233556 33808299                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29619550 33815625                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28758335 33816200                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          B          B          A          A          A          A                                A          A                MD        Second     Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26243458 33706705                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy Effective Date is after closing.                                                                                                                                                                                         The Hazard Insurance Policy Effective Date XX/XX/XX is after the later of the note XX/XX/XX. Prior Hazard Insurance Policy would be required on file.                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-25): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26186705 33815550                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26186705 33815602                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,197.17 Threshold maximum is $2,006.75 Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 26186705 33815603                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 26186705 33815604                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.47445% is in excess of the allowable     Points and Fees on subject loan of 5.47445% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $2,197.17 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,197.17 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $190.42 or .47445%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $190.42 or .47445%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 26186705 33815605                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Borrower did not receive pre-loan counseling.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 26186705 33815606                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.47445% is in excess of the investor allowable       Points and Fees on subject loan of 5.47445% is in excess of the investor allowable maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                 07/02/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,197.17 on a Federal Total Loan Amount of $2,197.17 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $2,006.75 (an overage of $190.42 or .47445%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,006.75 (an overage of $190.42 or .47445%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26186705 33816626                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00      HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 26186705 33816627                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Signed)                                    Truth in Lending Act (HOEPA): HOEPA Disclosure was not properly executed.                                                HOEPA Disclosure was not properly executed.                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27604687 33706936                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/23/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     B        B       B        B      A          A          A        A                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23506142 33935481                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.87500% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $1,488.75 or 1.87500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          B          B          B          B          B          B          B          B          B          B                ME        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $5,458.75 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $1,488.75 or 1.87500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23506142 33935519                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/17/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                ME        Investment Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29346342 33712617                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.87893% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by 3,851.80 or 1.87893%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/23/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,001.80 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $6,150.00 (an overage of $3,851.80 or 1.87893%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24235744 33833810                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-16): XXXXX                                                                                                                   07/16/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24235744 33833867                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between                                                                                                                                    The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/08/2025 2          B          B          A          A          A          A                                A          A                PA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24235744 33833893                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          B          B          A          A          A          A                                A          A                PA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29599249 33804096                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 23123366 33716816                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $23,765.60.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                PA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 22309866 33794247                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25024070 33861624                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25024070 33862957                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23988652 33804097                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                MO        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 22544366 33662261                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25174578 33706490                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.10400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,656.00 or 1.10400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/20/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,156.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,656.00 or 1.10400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26229864 33815668                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26229864 33815677                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.44589% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,602.60 or 1.44589%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,002.60 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $2,602.60 or 1.44589%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22539794 33715230                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.43100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,449.44 or 4.43100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/24/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,494.44 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,449.44 or 4.43100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20886952 33806339                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20886952 33806410                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        The file was missing a copy of the VA verification of benefits.                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-22): XXXXX                                                                                             07/22/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Buyer Comment (2025-07-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 21113404 33967122                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24242915 33920197                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.77023% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $856.30 or 3.77023%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,901.30 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $856.30 or 3.77023%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24242915 33920241                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20566399 33724854                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.21676% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $489.88 or .21676%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/25/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,269.88 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,780.00 (an overage of $489.88 or .21676%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20566399 33725023                         Compliance Compliance     Federal        TILA Right-to- TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date                                          Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).                     RTC disclosed incorrect transaction and/or expiration date.                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-16): XXXXX                                                                                                        07/16/2025            2          C          B          C          B          C          B          C          B          C          B                FL        Primary    Refinance  TILA ROR - Provide C        B       A        A      C          B          A        A                            Yes
                                                                                                                Compliance     Cancel                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out the following:
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    Letter of
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-07-16): XXXXX                                                                                                                                                                                                                                                                                               Explanation, Proof
                                                                                                                               Incomplete                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    of Delivery, and
                                                                                                                               and/or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Re-open Rescission
                                                                                                                               provided on                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   using the correct
                                                                                                                               the wrong form                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                model form
[redacted] [redacted] [redacted] [redacted] 25372332 33702355                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.41542% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $34.22 or 3.41500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/20/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,274.22 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,229.22 or 4.41542%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25372332 33702367                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          A          A          A          A          A          A          A          A          A          A                NM        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
[redacted] [redacted] [redacted] [redacted] 25372332 33702370                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                NM        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 25372332 33877742                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2                     A                     A                     A                                           B                NM        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29749327 33628397                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $44.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          06/13/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,089.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $44.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26284514 33860533                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.35800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $313.00 or 4.35800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,358.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $313.00 or 4.35800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26284514 33860549                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 26284514 33860596                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26284514 33860770                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Tax Verification required for XXXXX property.                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 20045634 33968067                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes. CU and LCA results are contradictory.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/21/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23679939 33795357                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25932980 33649462                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $954.00 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,999.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $954.00 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25932980 33649499                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25932980 34490084                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23844842 33795568                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    The file was missing a copy of the Senior lien note / Mortgage Statement, required to verify the breakdown of PITI.                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-11): XXXXX                                                                                             07/11/2025                       1          D          A          D          A          D          A          D          A          D          A                CA        Primary    Refinance                     D        A       D        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010445 33715671                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010445 33715672                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010445 33715673                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $8224.44.  Threshold maximum is $7000.00. .                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010445 33715674                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010445 33715675                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.87460% is in excess of the allowable     Points and fees exceed maximum threshold of 5% by .87460%.                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $8,224.44 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $1,224.44 or .87460%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX                                                                                                                                                                                                                                                                                               compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25010445 33715676                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Pre-loan counseling requirements not met.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010445 33715677                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.87460% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,024.44 or 2.87460%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/23/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,224.44 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,200.00 (an overage of $4,024.44 or 2.87460%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25010445 33715680                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Colorado Covered Loan (Consumer Caution Notice Not Provided)                                   XXXXX Covered Loan:  Consumer Caution Notice not provided to borrower.                                                   Consumer Caution Notice not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25010445 33715682                         Compliance Compliance     State          State Defect   (State High Cost) Colorado Covered Loan (Points and Fees)                                                                   XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 5.87460% is in excess of the allowable maximum  Points and Fees on subject loan of 5.87460% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $8,224.44 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  For application    C        B       A        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $8,224.44 on a Total Loan Amount of $XXXXX vs. an allowable Loan Amount of $XXXXX vs. an allowable total of $7,000.00                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out prior to 1/10/14,
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $1,224.44 or .87460%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    no obvious cure.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For applications
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on or after
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-26): XXXXX                                                                                                                                                                                                                                                                                             1/10/14, same as
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             DF HOEPA cure:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX                                                                                                                                                                                                                                                                                               from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25010445 33888748                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2                     A                     A                     A                                           B                CO        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20175055 33814733                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          B          B          A          A          A          A                                A          A                OH        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20175055 33814744                         Credit     Loan Package   Application /  Missing        Missing Document: Approval not provided                                                                                                                                                                                                              A loan approval was not provided in the file. Please provide a document reflecting the loan was approved and the terms of the approval (LTV, DTI, FICO, etc.)                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 29844009 33783065                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                WA        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 29844009 33794349                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     D        B       A        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25168568 33676881                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25168568 33676916                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 25168568 34490085                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24834063 33784904                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        - ___                                                                                                                    Third Party Verification of sole proprietor business of Borrower to be provided.                                                                                     Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-07-11): XXXXX                                                                                                                   07/11/2025 2          C          B          C          B          C          B          C          B          C          B                CO        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-11): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC            Reviewer Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-07): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24834063 33794429                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     C        B       C        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25628177 33824262                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,455.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $6,500.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $2,455.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25628177 33824276                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25628177 33824280                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 28276344 33661002                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Amount Borrowed Inaccurate > $100)                              High-Cost Mortgage (Dodd-Frank XXXXX) Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00      Non-Compliant: HOEPA Disclosure reflects 'Amount Borrowed' outside of $100.00 tolerance.                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       B        B      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 tolerance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28276344 33661003                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,063.12.  Threshold maximum is $1,850.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       B        B      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28276344 33661004                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       B        B      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28276344 33661005                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.57600% is in excess of the allowable     Total fees financed by lender is $2,063.12. Threshold maximum is $1,850.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,063.12 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $213.12 or .57600%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28276344 33661006                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       B        B      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28276344 33661007                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.57600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $213.12 or .57600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/17/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,063.12 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $1,850.00 (an overage of $213.12 or .57600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28276344 33661009                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (Mortgage Loan Origination Disclosure Statement Not Provided)                XXXXX Covered Loan: Borrower not provided with mortgage loan origination disclosure statement in accordance with         Borrower not provided with mortgage loan origination disclosure statement in accordance with division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       B        B      C          B          A        B                            No
                                                                                                                Compliance                                                                                                                                                division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-20): XXXXX
[redacted] [redacted] [redacted] [redacted] 28276344 33661010                         Compliance Compliance     State          State Defect   (State High Cost) Ohio Covered Loan (Points and Fees)                                                                       XXXXX Anti-Predatory Lending Act: Points and Fees on subject loan of 5.57600% is in excess of the allowable maximum of   Points and Fees exceed allowable threshold by $213.12 or .57600%.  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       B        B      C          B          A        B                            No
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $2,063.12 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $213.12 or .57600%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28276344 33661034                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/17/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     C        B       B        B      C          B          A        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28276344 34490086                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                OH        Primary    Refinance                     C        B       B        B      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23357230 33792422                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23357230 33792424                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23357230 33792427                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.10200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $57.00 or 4.10200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,102.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $57.00 or 4.10200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22051627 33793659                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/01/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22051627 33793665                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                AL        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22051627 33793675                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99287% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,390.02 or .99287%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/01/2025 2          B          B          B          B          B          B          B          B          B          B                AL        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,590.02 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,200.00 (an overage of $1,390.02 or .99287%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28321717 33827401                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          A          A          A          A          A          A          A          A          A          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28321717 33827404                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-30): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 28321717 33827405                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29947698 33816597                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Investment Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29947698 33816604                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22002339 33806289                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/02/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22002339 33806291                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22002339 33806319                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $445.10 or 4.98900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/02/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,490.10 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $445.10 or 4.98900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29075818 33933690                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25091577 33846985                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,885.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,212.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,327.50 (an overage of $2,885.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25091577 33846998                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24288650 33817468                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28180570 33623018                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not High Cost and Not Higher Priced                                                                The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        Initial 1003 reflects the borrower intends to occupy the property as their primary residence.                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-18): XXXXX                                                                                                                   06/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       A        A      B          B          A        A                            No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Investment).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                               (other than                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22456006 33822366                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                RI        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23163135 33795829                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24511884 33795251                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24511884 33795258                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24511884 33795269                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.90300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $367.70 or 4.90300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,412.70 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $367.70 or 4.90300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24072633 33848366                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                PA        Investment Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26965764 33816822                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26965764 33816872                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.80325% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $709.06 or 3.80325%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/02/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,754.06 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $709.06 or 3.80325%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26965764 33819398                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Third party business verification is missing from the loan file.                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                MD        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27894583 33804098                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                MS        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 29282056 33863632                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21110156 33757259                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.65124% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $446.03 or 3.65124%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/27/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,491.03 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $446.03 or 3.65124%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21110156 33794532                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-27): XXXXX
[redacted] [redacted] [redacted] [redacted] 25582519 33706288                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24786586 33687703                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 24799675 33794802                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to Review. AVM provided as primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin S&P expects and origination valuation                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29609061 33860656                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/10/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29609061 33860658                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/10/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24464600 33847609                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24464600 33847613                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22269516 33821596                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28737692 33684758                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.76373% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,171.28 or 4.76373%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,216.28 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,171.28 or 4.76373%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24819559 33704340                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/20/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24819559 34490087                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28951311 33705206                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-24): XXXXX                                                                                             06/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26553310 33919668                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28857622 33862787                         Compliance Compliance     State          State Late     XXXXX First Lien Late Charge Grace Period Testing                                                                           XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                               XXXXX Late Charge: Note grace period of 10 days is less than the state minimum of 15 days.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-16): XXXXX                                                                                                                   07/16/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Charge                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 28857622 33862807                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          B          B          A          A          A          A                                A          A                PA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27354412 33757742                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                AR        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 27354412 33796130                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                AR        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29978701 33958553                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27789486 33782424                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27789486 33782425                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27789486 33782426                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,869.10.  Threshold maximum is  $5,085.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27789486 33782427                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27789486 33782428                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.77099% is in excess of the allowable     Total fees financed by lender is $5,869.10. Threshold maximum is $5,085.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       C        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,869.10 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $784.10 or .77099%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27789486 33782429                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 27789486 33782430                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.77099% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,824.10 or 5.77099%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/27/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,869.10 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,824.10 or 5.77099%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27789486 33782434                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 27789486 33796212                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29968227 33684811                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-25): XXXXX                                                                                             06/25/2025                       1          D          A          A          A          N/A        A                     A          D          A                GA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29968227 33685005                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.46390% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,091.24 or 1.46390%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/20/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,376.86 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,285.62 (an overage of $2,091.24 or 1.46390%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26917862 33806870                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26917862 33806877                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29482944 33918832                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          B          B          A          A          A          A                                A          A                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26248638 33932178                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          B          B          A          A          A          A                                A          A                KY        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26248638 33932201                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                KY        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26039205 33815270                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20048932 33812599                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27612975 33676388                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/19/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27612975 33676396                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 27612975 34490089                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27492794 33795751                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 23021181 33706484                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23021181 33855002                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2                     A                     A                     A                                           B                SC        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25956985 33707298                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 25956985 33855021                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Received Property Inspection report verified and updated the details. Exception Cleared.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/07/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23170595 33972495                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28651964 33707521                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.50000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $455.00 or 4.50000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/20/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,500.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $455.00 or 4.50000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29776684 34011340                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          A          A          A          A                                A          A                MS        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29776684 34011377                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/24/2025 2          B          B          B          B          B          B          B          B          B          B                MS        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29776684 34011380                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely                                          ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor  did not provide "Right to Receive a Copy" appraisal disclosure to applicant within three (3) business days of application or determination of first lien                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/24/2025 2          B          B          B          B          B          B          B          B          B          B                MS        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                applicant within three (3) business days of application or determination of first lien status.                           status.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29511121 33783985                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/30/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29511121 33796871                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                NV        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21317167 33712404                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.84083% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,437.82 or .84083%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/24/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,567.82 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,130.00 (an overage of $1,437.82 or .84083%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21317167 33712454                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 21317167 33864653                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22455278 33792613                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/01/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20536195 33724661                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-22): XXXXX                                                                                             07/22/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 20536195 33724666                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          D          A          A          A          N/A        A                     A          D          A                VA        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 20536195 33925419                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2                     A                     A                     A                                           B                VA        Primary    Refinance                     D        B       C        A      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27790684 33714376                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 21571104 33922645                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                FL        Investment Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21571104 33922653                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 23286951 33909514                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                NY        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22759340 33786254                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96067% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,941.00 or 1.96067%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       06/30/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,441.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,941.00 or 1.96067%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22759340 33786293                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22759340 33806358                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 29101811 33972525                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25270917 33847022                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.61667% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,425.00 or 1.61667%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          B          B          B          B          B          B          B          B          B          B                HI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,925.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,425.00 or 1.61667%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25270917 33847028                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2          A          A          A          A          A          A                                B          B                HI        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20446770 33815051                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20446770 33815071                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27134453 33923553                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                CT        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25882899 33944452                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29614676 33795358                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                MA        Investment Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24600900 33850393                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          B          B          A          A          A          A                                A          A                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26161973 33716379                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/23/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26161973 34490090                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                NV        Primary    Refinance                     B        B       B        B      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24790919 33816938                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 24790919 33816949                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                NV        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23963595 33871652                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/11/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21079359 33785660                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21079359 33796949                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23690674 33786410                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23690674 33806435                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 25446405 33806503                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 28286405 33789002                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.06793% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $93.31 or .06793%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,214.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,121.04 (an overage of $93.31 or .06793%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28286405 33806640                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 22590255 33846868                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22590255 33846873                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 27619388 33818855                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25881688 33883499                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23233756 33867006                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24658828 33846524                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                OR        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28223898 33909492                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.80983% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $526.80 or 3.80983%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/15/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,571.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $526.80 or 3.80983%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28223898 33909499                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/15/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26688578 33831776                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/09/2025 2          A          A          A          A          A          A                                B          B                TN        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26688578 33831790                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                TN        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 27896025 33830020                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          B          B          A          A          A          A                                A          A                NV        Investment Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27393150 33867045                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23487235 33870380                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/11/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23487235 33870384                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          B          B          A          A          A          A                                A          A                OH        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23487235 33912031                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Missing evidence of satisfaction of the XXXXX lien shown on title.                                                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 23487235 33912043                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Missing evidence that XXXXX, a co-borrower on the XXXXX lien, is no longer a vested party.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 23826636 33815512                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.19348% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $243.67 or 4.19348%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/02/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,288.67 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $243.67 or 4.19348%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23826636 33815530                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23826636 33815539                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 22345769 33721373                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 139                    Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-06-25): XXXXX                                                                                                                   06/25/2025 2          A          N/A        A          A          N/A        N/A                              A          A                NJ        Primary    Refinance                     A        A       A        A      A          A          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23087677 33787390                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.57800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $510.11 or 4.57800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       B        B      B          B          D        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,555.11 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $510.11 or 4.57800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23087677 33787396                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23087677 33787409                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 23087677 33806781                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     D        B       B        B      B          B          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 26577892 33818789                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                AL        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B"                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25779572 33806905                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 27751798 33806529                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       B        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27751798 33819401                         Credit     Loan Package   Application /  Loan Package   1003 Error: Citizenship  was not provided                                                                                   -                                                                                                                        Passport cannot be used to confirm borrower non-citizen status.                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-07): XXXXX                                                                                             07/07/2025                       1          B          A          B          A          B          A          B          A          B          A                GA        Primary    Refinance                     B        B       B        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 23348127 33714725                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 23348127 33714789                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.93500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,837.50 or 1.93500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,337.50 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $4,837.50 or 1.93500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23348127 33864619                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28783011 33902693                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/15/2025 2          A          A          A          A          A          A                                B          B                OR        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22884951 33807036                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 20725119 33890734                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20725119 33890784                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.49306% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $403.17 or 4.49306%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/11/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,448.17 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $403.17 or 4.49306%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27766717 33832961                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          B          B          A          A          A          A                                A          A                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27766717 33832975                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Fee amounts were sourced from multiple disclosures containing higher amounts than that reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-16): XXXXX                                                                                                                   07/16/2025 2          A          A          A          A          A          A          A          A          A          A                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25623885 33900576                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23142914 33899964                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99240% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,971.04 or 1.99240%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,456.04 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,485.00 (an overage of $4,971.04 or 1.99240%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23142914 33900005                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23142914 33900034                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/14/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20664762 33807682                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21107376 33921601                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/16/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21139498 33820641                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.82730% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,252.96 or 4.82730%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,297.96 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,252.96 or 4.82730%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21139498 33820650                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21139498 33820662                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21139498 33821969                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Calculated investor qualifying total debt ratio of 50.33114% exceeds Guideline total debt ratio of 50.00000%. Due to escrow shortage.                                Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-07-22): XXXXX                                                                                                                   07/22/2025 2          C          B          C          B          C          B          C          B          C          B                GA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-21): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 20750772 33724581                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-30): XXXXX                                                                                             06/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 20750772 33724582                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,396.50.  Threshold maximum is $3,750.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-30): XXXXX                                                                                             06/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 20750772 33724583                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-06-30): XXXXX                                                                                             06/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 20750772 33724584                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.86200% is in excess of the allowable     Total fees financed by lender is $4,396.50.  Threshold maximum is $3,750.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-06-30): XXXXX                                                                                             06/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,396.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $646.50 or .86200%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20750772 33724585                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-30): XXXXX                                                                                             06/30/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 20750772 33724626                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.86200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $646.50 or .86200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/25/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,396.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,750.00 (an overage of $646.50 or .86200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20750772 33807934                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-01): XXXXX                                                                                                                   07/01/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       A        A      C          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 29533352 33815148                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27425608 34027051                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/25/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                AZ        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21825725 33927049                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23004652 33832613                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing                                                      ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to      Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          B          A          B          A          B          A          B          A          B          A                MN        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                                Compliance                                                                                                                                                consumer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23004652 33832616                         Compliance Compliance     State          Misc. State    XXXXX Tangible Net Benefit Disclosure                                                                                       XXXXX Residential Mortgage Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the    Originator and Servicer Licensing Act: Tangible Net Benefit Disclosure not provided to the Borrower.                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-16): XXXXX                                                                                                                   07/16/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                                Compliance     Level                                                                                                                                      Borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-15): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23004652 33832635                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. CU and LCA results are contradictory. Sec ID: 190                    Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                                                   07/08/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                MN        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23004652 33834869                         Compliance Compliance     Federal        TILA           HELOC Fees Used For Testing                                                                                                 Truth in Lending Act (HELOC): Fee amounts were sourced from multiple disclosures containing higher amounts than that     Settlement fee $400.00 and Appraisal Final Inspection Fee $195.00 not disclosed on the Hud-1, however disclosed on the HELOC Agreement.                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          A          A          A          A          A          A          A          A          A          A                MN        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                                Compliance                                                                                                                                                reflected on HELOC Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28804052 33861393                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25975347 33763513                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.52400% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $1,524.00 or 1.52400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $6,524.00 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $1,524.00 or 1.52400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25975347 33812600                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Investment Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22452904 33824161                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22452904 33824199                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.18000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $135.00 or 4.18000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,180.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $135.00 or 4.18000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22568618 33723820                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               File is missing the HOI Policy with coverage amount                                                                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-06-26): XXXXX                                                                                             06/26/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-26): XXXXX
[redacted] [redacted] [redacted] [redacted] 26431087 33792411                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21939509 33730075                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $954.00 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,999.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $954.00 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21939509 33730096                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/26/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21939509 34490091                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26935875 33716533                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.51100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,593.75 or 4.51100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,638.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,593.75 or 4.51100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26935875 33716538                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 26935875 34490092                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      09/17/2025 2                     A                     A                     A                                           B                CA        Primary    Refinance                     B        B       B        B      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21562091 33870758                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,605.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,650.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,605.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21562091 33870761                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 21562091 33870763                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21562091 33870767                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/10/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21719634 33795436                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 26050798 33813997                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20519027 33811437                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99984% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,299.74 or 1.99984%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/02/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check D        B       A        A      B          B          D        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,249.74 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,950.00 (an overage of $3,299.74 or 1.99984%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20519027 33811629                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                CA        Primary    Refinance                     D        B       A        A      B          B          D        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 24145691 33783826                         Credit     Guideline      Guideline      Guideline      Borrower has been on current job less than 2 years, and prior employment history was not documented as required.            -                                                                                                                        Borrower has been on current job less than 2 years, and prior employment history was not documented as required.                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Investment Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                                Issue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 24145691 33797543                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                VA        Investment Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22776030 33782402                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-02): XXXXX                                                                                             07/02/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22776030 33799597                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27299038 33722269                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.33400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $289.00 or 4.33400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/25/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,334.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $289.00 or 4.33400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27299038 33722303                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 27299038 33864881                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2                     A                     A                     A                                           B                FL        Primary    Refinance                     C        B       C        A      B          B          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20798471 33722365                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Investment Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 20798471 33864852                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/08/2025 2                     A                     A                     A                                           B                FL        Investment Refinance                     C        B       C        A      A          A          A        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29481290 33827144                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $918.00 or 4.96300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/07/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check C        B       C        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,963.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $918.00 or 4.96300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29481290 33827146                         Compliance Compliance     State          State Defect   (State High Cost) North Carolina High-Cost Loan (Points and Fees)                                                           XXXXX Anti-Predatory Lending Law: Points and Fees on subject loan of 5.99615% is in excess of the allowable maximum of   Points and Fees on subject loan of 5.99615% is in excess of the allowable maximum of 5.00000% of the Total Loan Amount. Points and Fees total $5,996.15 on a Total                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance  Within 30 days of  C        B       C        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $5,996.15 on a Total Loan Amount of $XXXXX vs. an allowable     Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $996.15 or .99615%). Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out loan closing and                                                                                        from
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $996.15 or .99615%).  Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    prior to receiving                                                                                      ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX                                                                                                                                                                                                                                                                                               notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Lender
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Attestation of no
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Signed letter from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing (must be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             in transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (Limited Use Bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Fide Errors -
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Compliance and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Client Approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Required)   Within
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             60 days of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             discovery,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             provide:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Legal opinion
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from originating
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender with loan-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             specific details
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on how a high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan was made
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             despite procedures
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             confirms (i) the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             constitutes a bona
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             fide error for the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jurisdiction in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             which the property
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             is located, and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (ii) that the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             lender has not
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             received any
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             notice from the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             borrower of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             failure; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             procedures or
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             explanation of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             controls in place
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             to prevent such
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             errors; (3) client
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             written approval
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepting use of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the bona fide
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             error cure;  (4)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             signed borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice letter to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             either (a) accept
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund and make
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             loan non-high-cost
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             or (b) keep loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             as high-cost and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant;  (5) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(a) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, copy of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             refund check and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of mailing
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (must be in
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             transit with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             courier); (6) If
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             option 4(b) is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             selected, proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cure for each of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practice
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations.  Note,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             a cure may not be
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             accepted if the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             seller/lender has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             certified a fix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             has been made to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             their system and
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             the same issue
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             continues to occur
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             after the fix has
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             been put into
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             place.
[redacted] [redacted] [redacted] [redacted] 29481290 33827188                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     C        B       C        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29481290 33827195                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      C          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 25446763 33799986                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             06/30/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28106595 34001712                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28106595 34001717                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-28): XXXXX                                                                                             07/28/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 21612941 33795711                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 22816116 33959512                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22811956 33885982                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22811956 33886007                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22811956 33910401                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        Co-borrower is a wage earner, and per guides the income is to be supported with a WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          W-2 forms or transcripts covering the most recent 2yr period, AND a VVOE or Paystub dated within 10 business days of close. Documentation is missing from loan file.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-17): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 24428328 33846184                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27958725 33830920                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/09/2025 2          B          B          A          A          A          A                                A          A                MI        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27958725 33830995                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/09/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27958725 33830996                         Compliance Compliance     Federal        ECOA           ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation                                       ECOA Valuations Rule (Dodd-Frank XXXXX): Creditor did not provide a copy of each valuation to applicant three (3)        Verification appraisal was delivered to borrower was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/09/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                business days prior to consummation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22740034 33883690                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24666388 33731843                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-07-01): XXXXX                                                                                             07/01/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                            No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-06-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 25633258 33944938                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21575232 33860532                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/10/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29547292 33922533                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.09600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,644.00 or 1.09600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,144.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,644.00 or 1.09600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29547292 33922562                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                NV        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29547292 33922593                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        Mortgage Statement is missing in the file.                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 26797435 33946051                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20108294 33820831                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.68915% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,651.96 or 1.68915%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,361.96 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,710.00 (an overage of $2,651.96 or 1.68915%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20108294 33820837                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20108294 33820845                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20108294 33820860                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX
[redacted] [redacted] [redacted] [redacted] 22402436 33826734                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22402436 33826741                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22402436 33826761                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25409819 33887810                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.35467% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $532.00 or .35467%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,032.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $532.00 or .35467%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25409819 33887834                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25409819 33888075                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23398830 33869745                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23398830 33869746                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23398830 33869747                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,163.30. Threshold maximum is $3,950.00. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23398830 33869748                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23398830 33869749                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.27000% is in excess of the allowable     Total fees financed by lender is $4,163.30. Threshold maximum is $3,950.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,163.30 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $213.30 or .27000%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23398830 33869750                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 23398830 33869751                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.27000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $213.30 or .27000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/11/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,163.30 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,950.00 (an overage of $213.30 or .27000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23398830 33869769                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/11/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23386898 33918865                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27520158 34004620                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          A          A          A          A                                A          A                IA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26549649 33991340                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          B          B          A          A          A          A                                A          A                OR        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22629926 34045430                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.13213% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,326.77 or 4.13213%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,371.77 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,326.77 or 4.13213%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22629926 34045438                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26914971 33805958                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27331437 33957138                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          B          B          A          A          A          A                                A          A                MO        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27331437 33994657                         Credit     Legal /        Title / Lien   Legal /        Final Title Policy is missing. No evidence of title in file.                                                                                                                                                                                         Per guidelines 1st lien transactions - Full title, Title Policy/Insurance, and CPL are required. Only title search was provided in file.                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-07-22): XXXXX                                                                                             07/22/2025                       1          C          A          C          A          C          A          C          A          C          A                MO        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Regulatory /   Defect         Regulatory /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out                                                                                                         from
                                                                                                 Compliance                    Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 25859040 33859729                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/10/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                DE        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25859040 33859748                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/10/2025 2          B          B          B          B          B          B          B          B          B          B                DE        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27566452 33793412                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27566452 33793477                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.61200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,512.46 or 4.61200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,557.46 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,512.46 or 4.61200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27566452 33818270                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Final 1003 reflects an installment debt with XXXXX for $31,520 and a payment of $656.  Per the credit report this is a mortgage, not an installment debt, that was                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   not associated to an REO.  Further clarification is needed.  If additional REO is not currently disclosed, all information is needed to confirm obligations.  If                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   account is not a mortgage, lender to provide proof.  Upon receipt and review, additional exceptions XXXXX apply.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 22948064 33816617                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22948064 33816619                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22948064 33816628                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after 1  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 22948064 33816651                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $ $2,205.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    07/03/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $6,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $2,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22948064 33817030                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 50.97176% exceeds Guideline total debt ratio of 50.00000%. Due to escrow shortage.                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-07-16): XXXXX                                                                                             07/16/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-11): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-10): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22944832 33862992                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                MN        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22944832 33863012                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/11/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28650901 33992980                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/23/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28650901 33992987                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                MT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20470709 33795803                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.23435% is in excess of the investor allowable       Points and Fees on subject loan of 4.23435% is in excess of the investor allowable maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total          (XXXXX). Points and Fees total $5,140.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX) (an overage of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,140.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)    $1,095.50 or 4.23435%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,095.50 or 4.23435%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20470709 33795836                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                           valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 20470709 33813571                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        - ___                                                                                                                    File is missing evidence of the XXXXX personal return extension, a copy of the XXXXX 1120S business return and the XXXXX schedule K1.                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-07-11): XXXXX                                                                                             07/11/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                            No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-03): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24400606 33812601                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 21939800 33793097                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                AR        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21939800 33793099                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                AR        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25068230 33870829                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25309416 33794726                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/01/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25309416 33794753                         Credit     Hazard         Insufficient   Hazard         The Hazard Insurance Policy Effective Date is after closing.                                                                                                                                                                                         The Hazard Insurance Policy Effective Date XX/XX/XX is after the note date of XX/XX/XX. Previous Hazard Insurance Policy is required on file.                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Insurance      Coverage       Insurance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 24429738 33811132                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25350734 33924725                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.77770% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,666.55 or 1.77770%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,166.55 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,666.55 or 1.77770%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25350734 33924832                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21900500 33827934                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/09/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22971835 33815339                         Compliance Compliance     State          State Defect   XXXXX SB 1894                                                                                                               XXXXX (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.                         Certificate of Compliance or Exemption not attached to mortgage for recording.                                                                                                                                                                                                                                                                                                                                                                                           Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        A      C          A          B        B                            No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 22971835 33815355                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     C        B       C        A      C          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22971835 33815383                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        A      C          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 21701669 33846178                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28310922 33859522                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27523355 33863035                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.54100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,837.09 or 1.54100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $11,307.09 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,470.00 (an overage of $3,837.09 or 1.54100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27523355 33863111                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28518318 33847939                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28601911 33924948                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.19067% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $286.00 or .19067%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Second     Refinance  LOE, copy of check B        B       B        B      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,786.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Home       - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $286.00 or .19067%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28601911 33924971                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Second     Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Home       - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21839421 34007941                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/24/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                NV        Primary    Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21839421 34007968                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $135,315.00. Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-25): XXXXX                                                                                             07/25/2025                       1          C          A          C          A          C          A          C          A          C          A                NV        Primary    Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-25): XXXXX
[redacted] [redacted] [redacted] [redacted] 23387206 33821121                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23456974 33823434                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23456974 33823983                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26358091 33874405                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26358091 33874492                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 26382301 33794808                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29270912 33789033                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.97500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $930.00 or 4.97500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,975.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $930.00 or 4.97500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29270912 33789052                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-03): XXXXX                                                                                             07/03/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 29270912 33807479                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 20772040 34029226                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26269378 33873763                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26269378 33873924                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 56.39110% exceeds Guideline total debt ratio of 50.00000%.  Review is unable to identify the cause of the                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-16): XXXXX                                                                                             07/16/2025                       1          C          A          C          A          C          A          C          A          C          A                VA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      discrepancy as lender DTI calculation breakdown was not provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other                                                                                                            ATR
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 20965160 33822752                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                ME        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27315931 33885483                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.02867% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,556.20 or 1.02867%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $13,927.50 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,371.30 (an overage of $3,556.20 or 1.02867%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27315931 33885541                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/14/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27315931 33885704                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20561712 33959379                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.03400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $190.70 or 4.03400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/18/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,235.70 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $190.70 or 4.03400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20561712 33959387                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27979695 33822598                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22575353 33873793                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29468053 33816620                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29468053 33816634                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $149.16 or 4.99900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/03/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,194.16 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $149.16 or 4.99900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21912071 33861786                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28157493 33814441                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 28157493 33814499                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.86500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,662.41 or 1.86500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,162.26 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,499.85 (an overage of $4,662.41 or 1.86500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26027019 33846424                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24569659 33814864                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                AL        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22560164 33871546                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          B          B          A          A          A          A                                A          A                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22186994 33939590                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25721749 33835126                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25721749 33835152                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                IL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 26345726 33792451                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26345726 33792453                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22764230 33896867                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27401107 34060635                         Compliance Compliance     Federal        RESPA          RESPA Disclosure - List of Homeownership Counseling Organizations Missing                                                   RESPA Disclosure Rule (Dodd-Frank XXXXX): Creditor did not provide List of Homeownership Counseling Organizations to     The file was missing a copy of the Homeownership Counseling disclosure or proof of the borrower's receipt within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27401107 34060660                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24388035 33795855                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24388035 33795869                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24388035 33795870                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,525.50.  Threshold maximum is $2,500.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24388035 33795871                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24388035 33795872                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.05100% is in excess of the allowable     Total fees financed by lender is $2,525.50.  Threshold maximum is $2,500.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,525.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $25.50 or .05100%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24388035 33795873                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 24388035 33795874                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.05100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $25.50 or .05100%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           07/01/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,525.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,500.00 (an overage of $25.50 or .05100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21618361 33846504                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23786394 33792600                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 23786394 33792604                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96964% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $79.80 or 4.96964%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/01/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,124.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $79.80 or 4.96964%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22162442 33827237                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.83800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,516.78 or .83800%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/07/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,946.78 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,430.00 (an overage of $1,516.78 or .83800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22162442 33827284                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                NY        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23270468 33793626                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Second     Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 23270468 33793628                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes. No appraisal or hybrid interior appraisal was provided with an effective                                                                                                                                                                                                                                                                                                                                                                                                                                                            07/01/2025 2          A          A          A          A          A          A                                B          B                FL        Second     Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          date between application date and note date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Home       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25902727 33906402                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25902727 33906412                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25902727 33906423                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-25): XXXXX                                                                                             07/25/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 23524783 33820272                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.82500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $1,117.75 or 4.82500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/03/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $5,162.75 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $1,117.75 or 4.82500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23524783 33820292                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/03/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25068288 33793877                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 25068288 33793878                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 25068288 33793879                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 25068288 33793880                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 6.95742% is in excess of the allowable     Points and Fees on subject loan of 6.95742% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $2,748.18 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       B        B      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,748.18 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $773.18 or 1.95742%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $773.18 or 1.95742%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 25068288 33793881                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       B        B      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 25068288 33793882                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 6.95742% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $773.18 or 1.95742%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       B        B      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,748.18 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $1,975.00 (an overage of $773.18 or 1.95742%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25068288 33793905                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       B        B      C          B          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25068288 33793928                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. No appraisal or hybrid interior appraisal was provided with an effective date between application date and note date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       B        B      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 27079783 33795883                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $695.50 or 4.99000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/01/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,740.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $695.50 or 4.99000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27079783 33795898                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 23890598 33933230                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                TN        Investment Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23890598 33956564                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        -                                                                                                                        File is missing third party verification of business for the borrower Schedule C business.                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-21): XXXXX                                                                                             07/21/2025                       1          C          A          C          A          C          A          C          A          C          A                TN        Investment Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28338028 33949159                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25973237 33786308                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                Loan is to be securitized. One valuation was provided, with no CU or LCA. Sec ID: 136                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-07-08): XXXXX                                                                                             07/08/2025                       1          N/A        A          A          A          N/A        A                     A          D          A                OH        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 25973237 33786325                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/30/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25973237 33807876                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     D        B       B        B      A          A          D        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24006702 34075889                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/31/2025 2          A          A          A          A          A          A                                B          B                ID        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23114023 33933731                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          B          B          A          A          A          A                                A          A                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26787446 33863727                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                NJ        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26787446 33863744                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/11/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20949672 33821296                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $831.00 or 5.00411%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/03/2025 2          B          B          B          B          B          B          B          B          B          B                MI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,872.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $827.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25539584 33900962                         Credit     Loan Package   Closing /      Missing        Missing Document: Security Instrument - Subject Lien not provided                                                                                                                                                                                    The file was missing a copy of the required security Instrument.                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          D          A          D          A          D          A          D          A          D          A                UT        Primary    Refinance                     D        B       D        A      B          A          B        B                    Exempt  No
                                                                                                 Documentation  Title          Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 25539584 33901003                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     D        B       D        A      B          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25539584 33901799                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    File is missing the Security Instrument with evidence of the Notary date.                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-07-22): XXXXX                                                                                             07/22/2025                       1          B          A          B          A          B          A          B          A          B          A                UT        Primary    Refinance                     D        B       D        A      B          A          B        B                    Exempt  No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other                                                                                                            ATR
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-07-16): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 22546255 33795805                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $952.00 or 4.99700%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,997.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $952.00 or 4.99700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22546255 33795810                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 24653811 33823871                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24348019 33883134                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24348019 33883135                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,814.79.  Threshold maximum is $4,750.00.                                                                                                                                                                                                                                                                                                                                                                                             Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24348019 33883136                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24348019 33883137                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.06820% is in excess of the allowable     Total fees financed by lender is $4,814.79. Threshold maximum is $4,750.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,814.79 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $64.79 or .06820%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 24348019 33883138                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 24348019 33883139                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.06820% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $769.79 or 5.06820%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/14/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,814.79 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $769.79 or 5.06820%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24348019 33883154                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23994588 33898432                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.71700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $$813.51 or 4.71700%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,858.51 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $813.51 or 4.71700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23994588 33898491                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23994588 33898495                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28663369 33865018                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/11/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28663369 33874189                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $55,451.20.  Provide updated policy reflecting minimum coverage of $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-16): XXXXX                                                                                             07/16/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current  coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-14): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 29951294 33937358                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                WI        Investment Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29951294 33938523                         Compliance Compliance     Federal        Missing        Disparity in Occupancy - Not High Cost and Not Higher Priced                                                                The mortgage loan file contains documenting evidence the consumer intends to occupy the subject property as their        Final 1003 page 1 and Declarations section shows the Borrower 1 occupies the subject property as his Primary residence.                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-24): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                WI        Investment Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Required Data                                                                                                                              primary residence. (Compliance testing performed based on the Occupancy Type of Investment).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out                                                                                                         from
                                                                                                                               (other than                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other                                                                                                            ATR
                                                                                                                               HUD-1 or Note)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Seller Comment (2025-07-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 27220478 34039523                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27220478 34041571                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 50.21076% exceeds Guideline total debt ratio of 50.00000%. Lender qualified using the current escrow for taxes                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      and insurance reflected on the 1st lien mortgage statement. Current hazard insurance premium is $2,111.00 annually and current taxes are $8,748.05 annually. Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                         escrow per HOI policy and tax cert are $904.92, however mortgage statement in fle reflects $856.41 for escrow.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other                                                                                                            ATR
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-30): XXXXX
[redacted] [redacted] [redacted] [redacted] 29987560 33934088                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          B          B          A          A          A          A                                A          A                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24696574 33944456                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24656555 34003622                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 186               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/24/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                MI        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23955902 33826794                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99097% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,388.93 or .99097%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,593.70 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,204.77 (an overage of $1,388.93 or .99097%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23955902 33826862                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CT        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22574990 34018584                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-28): XXXXX                                                                                             07/28/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 22574990 34018608                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21552821 33834974                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21552821 33834976                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 21552821 33835005                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/09/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22019123 33848434                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25644907 33823525                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25834027 34030448                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25834027 34030473                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25834027 34030625                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,193.45 or 4.98900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,238.45 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,193.45 or 4.98900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28134543 34018153                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                ID        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21600429 33939454                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                LA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24985481 33826932                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24985481 33826961                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $132.20 or 5.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/07/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,177.20 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $132.20 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24793301 33834895                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.03000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $75.00 or .03000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/09/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,575.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $75.00 or .03000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24793301 33834902                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24793301 33834947                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/09/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24793301 33847993                         Compliance Compliance     Federal        TILA Right-to- Right of Rescission Timing - Note Date used as Transaction Date                                                             Unable to conclusively determine date of consummation. Note date used as transaction date for purposes of determining    Notary date not provided on Security Instrument.                                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          B          A          B          A          B          A          B          A          B          A                NJ        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Cancel                                                                                                                                     compliance with rescission timing requirements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                               Missing,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other                                                                                                            ATR
                                                                                                                               Incorrect,                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Seller Comment (2025-07-10): XXXXX
                                                                                                                               Incomplete
                                                                                                                               and/or
                                                                                                                               provided on
                                                                                                                               the wrong form
[redacted] [redacted] [redacted] [redacted] 29076225 33823468                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $196.50 or 4.99000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/07/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,241.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $196.50 or 4.99000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29076225 33823477                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29847238 33930396                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00242% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3.63 or .00242%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           07/18/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,503.63 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $3.63 or .00242%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29847238 33930399                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23283851 33857872                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,266.48 or 4.96400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,311.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,266.48 or 4.96400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23283851 33857883                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 23283851 33857885                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                CT        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24553135 33906620                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23011107 33826995                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $850.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/07/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,895.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $850.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23011107 33827192                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29262947 33820637                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.70600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $587.50 or 3.70600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/03/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of
                                                                                                                                                                                                                                                                          $4,632.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.
                                                                                                                                                                                                                                                                          (an overage of $587.50 or 3.70600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20341083 33786605                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.93400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,637.98 or 1.93400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,729.98 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,092.00 (an overage of $2,637.98 or 1.93400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20341083 33786751                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-02): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-02): XXXXX
[redacted] [redacted] [redacted] [redacted] 20341083 33786952                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20341083 33808035                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-06-30): XXXXX                                                                                                                   06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 29888677 33959128                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27326775 33846870                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27326775 33846910                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/09/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23431812 34031241                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23431812 34031273                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22724453 33821825                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/03/2025 2          A          A          A          A          A          A                                B          B                AR        Primary    Refinance                     B        B       A        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29512987 34030063                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27684136 34006056                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          A          A          A          A                                A          A                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25057262 33813874                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25057262 33813875                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                            No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-08): XXXXX
[redacted] [redacted] [redacted] [redacted] 20871167 33821148                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 20871167 33821151                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22829033 33862605                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.79750% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,595.00 or .79750%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/11/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,595.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $1,595.00 or .79750%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22829033 33862613                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CO        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20206822 34018594                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20206822 34018620                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20206822 34018646                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.91700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $281.96 or 4.91700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,326.96 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $281.96 or 4.91700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21638682 33905619                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                WY        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21638682 33905662                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $405.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/15/2025 2          B          B          B          B          B          B          B          B          B          B                WY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,450.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $405.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27273560 33863779                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or afterXX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 27273560 33863783                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28566968 33823906                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29939802 33946397                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29939802 33947773                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29939802 33947774                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,064.50  Threshold maximum is $2,700.00  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29939802 33947775                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 29939802 33947776                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.67500% is in excess of the allowable     Points and Fees exceed allowable threshold of $364.50 or .67500%)                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,064.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $364.50 or .67500%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29939802 33947778                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.67500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $364.50 or .67500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/21/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,064.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,700.00 (an overage of $364.50 or .67500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22454647 33972882                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25624925 33904425                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25624925 33904428                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29926615 33885874                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29926615 33885895                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.11600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $71.00 or 4.11600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,116.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $71.00 or 4.11600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29926615 33886036                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29926615 33886044                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file is missing copy of HOA doc for property located at XXXXX                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 27294606 33857913                         Credit     Loan Package   Loan File      Missing        Missing Document: Hazard Insurance Policy not provided                                                                                                                                                                                               Hazard Insurance Policy is missing in the file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                AZ        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation                 Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 27294606 33857934                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/10/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25612166 33946742                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/21/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21969903 34005292                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/25/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26574773 33904355                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28816068 33884635                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28816068 33884679                         Credit     Note           Document Error Note           Missing evidence of First Payment Date.                                                                                                                                                                                                              The file was missing a copy of the First Payment Date.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-07-25): XXXXX                                                                                             07/25/2025                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-22): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 28816068 33905990                         Credit     Income /       Income         Income /       Income Docs Missing:                                                                                                        - ___                                                                                                                    Per guidelines WVOE covering the most recent 2yr period, OR the borrower's recent paystub and IRS W-2 forms or transcripts covering the most recent 2yr period are   Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-08-12): XXXXX                                                                                                                   08/12/2025 2          C          B          C          B          C          B          C          B          C          B                MA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Employment                                                                                                                                                                                                                                                          required. Missing additional W2 or WVOE for both borrowers. Only XXXXX W2s were provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-08-11): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-08-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-16): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 25837559 34040440                         Credit     Loan Package   Application /  Loan Package   Missing Document: Note - Senior Lien not provided                                                                                                                                                                                                    Missing Mortgage statement for Senior Lien to verify P&I amount.                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-08-06): XXXXX                                                                                             08/06/2025                       1          D          A          D          A          D          A          D          A          D          A                CT        Primary    Refinance                     D        A       D        A      A          A          A        A                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25837559 34068565                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Calculated investor qualifying total debt ratio of 63.03361% exceeds Guideline total debt ratio of 50.00000%. Debts were to be paid off through closing, however                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-08-06): XXXXX                                                                                             08/06/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     D        A       D        A      A          A          A        A                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      missing closing statement, HUD, or disbursement schedule reflecting the debts were paid off through closing. Additionally, the first lien mortgage statement was not                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                         provided and unable to determine if payment amount on credit report includes escrow.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other                                                                                                            ATR
                                                                                                                Discrepancy
[redacted] [redacted] [redacted] [redacted] 29390701 33835823                         Credit     Credit         Miscellaneous  Guideline      Credit Exception:                                                                                                                                                                                                                                    Lender to provide master policy                                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 29390701 33835864                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        The file is missing copy of hoa doc for property located at XXXXX with correct amount                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-07-14): XXXXX                                                                                             07/14/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Investment Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-11): XXXXX
[redacted] [redacted] [redacted] [redacted] 23328965 33987217                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          B          B          A          A          A          A                                A          A                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25683900 34037619                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          B          B          A          A          A          A                                A          A                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29140822 33903883                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26628464 33989743                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.89797% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,846.95 or 1.89797%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,346.95 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,846.95 or 1.89797%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26628464 33989910                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/23/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                AZ        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27631268 33992895                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                WI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24035666 33991205                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24035666 33991214                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 24035666 33991217                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28803942 33887720                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.38000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $335.00 or 4.38000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/14/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,380.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $335.00 or 4.38000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28803942 33887737                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28781197 33922182                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.88970% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,485.74 or .88970%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/17/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,495.53 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,009.79 (an overage of $1,485.74 or .88970%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28781197 33922194                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23859069 34170921                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      08/12/2025 2          A          A          A          A          A          A                                B          B                OR        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25098455 33898249                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23212884 33847026                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29887413 33899746                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29887413 33899757                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24718807 33823074                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24718807 33823085                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22743498 33847433                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA do not provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/09/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Investment Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24999081 33828427                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23068605 33902195                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          B          A          B          A          B          A          B          A          B          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 23068605 33902196                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,800.00 or 2.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/15/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,500.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,700.00 (an overage of $3,800.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23068605 33902220                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23068605 33902248                         Credit     Credit         Credit         Guideline      Guideline Requirement: Representative FICO score discrepancy.                                                                                                                                                                                        Representative FICO score of 668 is less than Guideline representative FICO score of 680.                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                                Calculation /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out                                                                                                         from
                                                                                                                Analysis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 20020488 33848201                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/09/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26379916 33823896                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26379916 33824142                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22791516 33950145                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/21/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28403183 33957439                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20503951 34035700                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20503951 34036377                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21537895 33934130                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21537895 33934201                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21537895 33934202                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,476.33.  Threshold maximum is $3,050.00. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21537895 33934203                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21537895 33934204                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.69890% is in excess of the allowable     XXXXX Points and Fees exceed allowable threshold by an average of  $426.33 or .69890%.                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,476.33 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $426.33 or .69890%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21537895 33934205                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-21): XXXXX
[redacted] [redacted] [redacted] [redacted] 21537895 33934206                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.69890% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $426.33 or .69890%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/18/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,476.33 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,050.00 (an overage of $426.33 or .69890%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29094231 33949125                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          B          B          A          A          A          A                                A          A                MA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27279295 33861873                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27279295 33861913                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-17): XXXXX                                                                                             07/17/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 27279295 33861961                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.51123% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $519.60 or 3.51123%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/11/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,564.60 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $519.60 or 3.51123%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25661379 33821344                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/03/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25661379 33821378                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/03/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 25437958 33922384                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25437958 33922390                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29546262 33826671                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23262916 33828458                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.82300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,515.34 or 4.82300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,560.34 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,515.34 or 4.82300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23262916 33828476                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24445921 33931076                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28214826 33978714                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28214826 33978717                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28019250 33973745                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28019250 33973763                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28019250 33973770                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28861460 33952710                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/17/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27100806 33846800                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.21392% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $775.88 or 4.28523%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/09/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,820.88 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $320.88 or .21392%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27100806 33846813                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/09/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27100806 33846817                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-15): XXXXX                                                                                             07/15/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 26083515 33900720                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.24800% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $203.00 or 4.24800%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/15/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,248.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $203.00 or 4.24800%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26083515 33900812                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26083515 33900865                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26083515 33901324                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21591105 33946718                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21591105 33946767                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/21/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25042228 33996114                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.78699% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,528.19 or .78699%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/23/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,165.69 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $9,637.50 (an overage of $2,528.19 or .78699%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25042228 33996219                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23488727 33905014                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23488727 33905028                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 23903997 33882447                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99937% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,999.05 or 1.99937%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,499.05 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,999.05 or 1.99937%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23903997 33882510                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27948004 33905188                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.14767% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $1,721.50 or 1.14767%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/15/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,221.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,721.50 or 1.14767%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28760704 33919271                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/15/2025 2          A          A          A          A          A          A                                B          B                AL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25069059 33795696                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Client to review. AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination                                                                                                                                                                                                                                                                                                                                                                                                                                                                     06/30/2025 2          A          A          A          A          A          A                                B          B                CA        Investment Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          valuation to be conducted that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                   "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other
[redacted] [redacted] [redacted] [redacted] 25069059 33795823                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          B          A          B          A          B          A          B          A          B          A                CA        Investment Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-01): XXXXX
[redacted] [redacted] [redacted] [redacted] 25069059 33795824                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 5.46333% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $695.00 or .46333%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         06/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance  LOE, copy of check C        B       C        B      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $8,195.00 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $695.00 or .46333%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25069059 33795910                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        No source document in file for any credit liability getting paid off.                                                                                                Borrower has been employed in the same industry for more than 5 years.                                                                                                                                                                                                          SitusAMC            Reviewer Comment (2025-07-11): XXXXX                                                                                                                   07/11/2025 2          C          B          C          B          C          B          C          B          C          B                CA        Investment Refinance                     C        B       C        B      B          B          B        B                            No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                              Borrower has verified disposable income of at least $2500.00.                                                                                                                                                                                                                   SitusAMC                                                                                                                                                                                                                                                                                                                                  - Other
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-07-09): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        Borrower has worked in the same position for more than 3 years.                                                                                                                                                                                                                 SitusAMC

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        The Combined Loan to Value (CLTV) on the loan is less than the guideline maximum by at least 10%.                                                                                                                                                                               SitusAMC            Seller Comment (2025-07-09): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-08): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-07): XXXXX
[redacted] [redacted] [redacted] [redacted] 28398156 33823171                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28398156 33823175                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28398156 33823183                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-10): XXXXX                                                                                             07/10/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-10): XXXXX
[redacted] [redacted] [redacted] [redacted] 28398156 33823204                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99970% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,399.49 or 1.99970%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,499.49 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,100.00 (an overage of $3,399.49 or 1.99970%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28286030 33886318                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                DC        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28286030 33886377                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                    Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___.                        Mortgage statement reflects escrow are $415.47, lender did not use this figure and in doing so, DTI is increased over 50%.                                           Borrower has owned the subject property for at least 5 years.                                                                                                                                                                                                                   SitusAMC            Reviewer Comment (2025-07-22): XXXXX                                                                                                                   07/22/2025 2          C          B          C          B          C          B          C          B          C          B                DC        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other                                                                                                            ATR
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-21): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-18): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 28286030 33886390                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/14/2025 2          B          B          B          B          B          B          B          B          B          B                DC        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21126211 34011684                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28809691 33823042                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21528198 33863832                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28339195 33823225                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                ID        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28339195 33823231                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                ID        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29629648 33826891                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29629648 33826914                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29629648 33826918                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29478307 33859004                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.33000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $847.90 or 4.33000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/10/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,892.90 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $847.90 or 4.33000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29478307 33859010                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/10/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29478307 33859016                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/10/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20492561 34029405                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/25/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20492561 34029407                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/25/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28943149 33944952                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          B          B          A          A          A          A                                A          A                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28226831 33945693                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/21/2025 2          A          A          A          A          A          A                                B          B                NY        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27543272 33923676                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                NM        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27543272 33923688                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21832540 33863371                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27612435 34041884                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27796304 33910114                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27796304 33910122                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21538555 33861576                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                IN        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21538555 33861722                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21538555 33861723                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $53,295.00 Threshold maximum is $3,000.00 Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21538555 33861724                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21538555 33861725                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.49167% is in excess of the allowable     Points and Fees on subject loan of 5.49167% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $3,295.00 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,295.00 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $295.00 or .49167%). Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $295.00 or .49167%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 21538555 33861726                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                IN        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21538555 33861727                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.49167% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $295.00 or .49167%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/11/2025 2          B          B          B          B          B          B          B          B          B          B                IN        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,295.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,000.00 (an overage of $295.00 or .49167%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23190287 34032122                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/29/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                WA        Investment Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23190287 34032158                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Investment Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28093784 34062715                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.94120% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,411.80 or .94120%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,911.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,411.80 or .94120%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28093784 34062819                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25069281 33821622                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/07/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25069281 33821632                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29889459 33972355                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29889459 33972360                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27094984 33991106                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27094984 33991108                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23575880 33933170                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23575880 33933185                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.88983% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $622.80 or 3.88983%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/18/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,667.80 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $622.80 or 3.88983%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21763029 33878670                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                07/14/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                ID        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26529274 33824106                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.53427% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $801.40 or .53427%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,301.40 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $801.40 or .53427%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26529274 33824113                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/07/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26529274 33824125                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/07/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23448246 33920152                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22705915 33919643                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22705915 33919647                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 22705915 33919664                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23305364 33886205                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23234048 33872208                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/11/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20672888 33900006                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20672888 33900007                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27080504 33897329                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27080504 33897344                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29677208 33794990                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/01/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 29677208 33795005                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.88300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $2,207.50 or .88300%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/01/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,707.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $2,207.50 or .88300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27863709 33814777                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $2,792.92.  Threshold maximum is $2,750.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27863709 33814778                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX
[redacted] [redacted] [redacted] [redacted] 27863709 33814779                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.07804% is in excess of the allowable     Point and Fees exceed allowable threshold by $42.92 or .07804%.                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-09): XXXXX                                                                                             07/09/2025                       1          C          A          C          A          C          A          C          A          C          A                UT        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,792.92 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $42.92 or .07804%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-03): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 27863709 33814781                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.07804% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $42.92 or .07804%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/02/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                            Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,792.92 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,750.00 (an overage of $42.92 or .07804%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27863709 33814799                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/02/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     C        B       A        A      C          B          B        B                            No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other
[redacted] [redacted] [redacted] [redacted] 22075157 33933226                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27160668 33887835                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.03900% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $97.50 or .03900%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/14/2025 2          B          B          B          B          B          B          B          B          B          B                RI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,597.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $97.50 or .03900%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27160668 33887849                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                RI        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21922023 33935767                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/18/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21922023 33935768                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24705668 33846376                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/09/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                FL        Investment Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29632577 33921636                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27262084 33885945                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27262084 33885949                         Credit     Legal /        Title / Lien   Title          Title Policy is Preliminary or Commitment, and not a Final Title Policy.                                                                                                                                                                             The file was missing a copy of the final title policy.                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-07-16): XXXXX                                                                                             07/16/2025                       1          A          A          A          A          A          A          A          A          A          A                MI        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Regulatory /   Defect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27262084 33885951                         Credit     Title          Document Error Title          The Preliminary/Commitment does not reflect a coverage amount (no final title policy in file). Unable to determine if                                                                                                                                The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-16): XXXXX                                                                                             07/16/2025                       1          C          A          C          A          C          A          C          A          C          A                MI        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                                              appropriate coverage is provided.                                                                                                                                                                                                                    preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-16): XXXXX
[redacted] [redacted] [redacted] [redacted] 25330289 33886288                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26344533 33930527                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28696560 33899713                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                ID        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28713045 33967901                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24739257 33973027                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27147610 33899610                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.09590% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $61.14 or 4.09590%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/15/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,106.14 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $61.14 or 4.09590%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27147610 33899619                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27147610 33899639                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                GA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 22355395 33906115                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22355395 33906135                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24550711 33883036                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/14/2025 2          A          A          A          A          A          A                                B          B                AL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27969383 33921358                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.14100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $352.50 or .14100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/15/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,852.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $352.50 or .14100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27969383 33921362                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23199107 33862809                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23199107 33862822                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/11/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23199107 33862842                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.98177% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $932.21 or 3.98177%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/11/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,977.21 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $932.21 or 3.98177%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26813916 33886466                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.83467% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of  $2,752.00 or 1.83467%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CT        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,252.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,752.00 or 1.83467%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26813916 33886531                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CT        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26813916 33886824                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-22): XXXXX                                                                                             07/22/2025                       1          C          A          C          A          C          A          C          A          C          A                CT        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 28379533 33901066                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25392765 33885878                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.55619% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $750.85 or .55619%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/15/2025 2          B          B          B          B          B          B          B          B          B          B                NY        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,800.85 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,050.00 (an overage of $750.85 or .55619%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25392765 33885944                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                NY        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27526690 33897317                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27526690 33897338                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20317594 33860889                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/11/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23976851 34023379                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.96200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $917.00 or 4.96200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/28/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,962.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $917.00 or 4.96200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23976851 34023405                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                NV        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25014754 34016989                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                NV        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23577913 34042485                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.76700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $6.95 or 4.76700%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           07/30/2025 2          B          B          B          B          B          B          B          B          B          B                AR        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,051.95 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $6.95 or 4.76700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23577913 34042529                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                AR        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23577913 34042539                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/30/2025 2          B          B          B          B          B          B          B          B          B          B                AR        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29554518 34031672                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29554518 34031699                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/29/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25855438 33921352                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21718868 33898977                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.00500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $8.35 or .00500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,015.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,007.00 (an overage of $8.35 or .00500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21718868 33899023                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/15/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21718868 33899030                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25561661 33903546                         Credit     Documents      Missing        Documents      File does not contain documentation from lender/seller confirming the condo is warrantable.                                 -                                                                                                                        File does not contain documentation confirming the condo is warrantable.                                                                                                                                                                                                                                                                                                                                                                                                 Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                MA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 25561661 33903598                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27543580 33990369                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27543580 33990386                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20034331 33883630                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.44551% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $645.01 or 4.44551%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,690.01 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $645.01 or 4.44551%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20034331 33883646                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/14/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24828457 33886315                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.51500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $470.00 or 4.51500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/14/2025 2          B          B          B          B          B          B          B          B          B          B                WI        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,515.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $470.00 or 4.51500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24828457 33886319                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                WI        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27849786 34011809                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24636747 34058410                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24636747 34058443                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99537% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,993.05 or 1.99537%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,493.05 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,993.05 or 1.99537%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20912950 33921288                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.18005% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $378.10 or .18005%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/15/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,678.10 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,300.00 (an overage of $378.10 or .18005%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20912950 33921343                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28216173 33932502                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,500.00 or 1.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,000.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $1,500.00 or 1.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28216173 33932518                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28216173 33932538                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/18/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21201550 33923733                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21201550 33923774                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21201550 33923791                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 27973145 33946761                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.78300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $259.70 or 4.78300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/21/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,304.70 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $259.70 or 4.78300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27973145 33946815                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27973145 33946828                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/21/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29022290 33972239                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29022290 33972248                         Credit     Insurance      Insurance      Insurance      Insufficient Coverage: Hazard insurance coverage amount is insufficient.                                                                                                                                                                             HOI coverage is insufficient by $105,759.20. Provide updated policy reflecting minimum coverage $XXXXX OR provide copy of insurer's replacement cost estimate                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                Analysis                                                                                                                                                                                                                                                                           supporting current coverage amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29022290 33972304                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             Lender considered P&I for subject property is $1,345.04 but actual P&I is $977.32 hence there is a variance in DTI.                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                NJ        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other                                                                                                            ATR
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 23239710 33918758                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22363572 33905800                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos, and                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 22363572 33905807                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22589961 34044459                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.89600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,406.72 or .89600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/30/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,116.72 on a Federal Total Loan Amount of .                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,710.00 (an overage of $1,406.72 or .89600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22589961 34044462                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22589961 34044534                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/30/2025 2          B          B          B          B          B          B          B          B          B          B                MD        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24065010 33906096                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                OR        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24065010 33906107                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.87952% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $905.27 or 3.87952%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/15/2025 2          B          B          B          B          B          B          B          B          B          B                OR        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,950.27 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $905.27 or 3.87952%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27122300 34040263                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,726.82 or 2.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,817.05 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,090.23 (an overage of $2,726.82 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27122300 34040311                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25043839 33970488                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                MO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20855961 34019293                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24013161 33973026                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23516332 33885711                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 23516332 33885712                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $3,799.50.  Threshold maximum is $3,750.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 23516332 33885713                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 23516332 33885714                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.06600% is in excess of the allowable     Total fees financed by lender is $3,799.50.  Threshold maximum is $3,750.00                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $3,799.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $49.50 or .06600%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23516332 33885715                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 23516332 33885716                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.06600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $49.50 or .06600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/14/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $3,799.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,750.00 (an overage of $49.50 or .06600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23516332 33885718                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Colorado Covered Loan (Consumer Caution Notice Not Provided)                                   XXXXX Covered Loan:  Consumer Caution Notice not provided to borrower.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
[redacted] [redacted] [redacted] [redacted] 23516332 33885719                         Compliance Compliance     State          State Defect   (State High Cost) Colorado Covered Loan (Points and Fees)                                                                   XXXXX Consumer Equity Protection Act: Points and Fees on subject loan of 5.06600% is in excess of the allowable maximum  Points and Fees exceed allowable threshold by $49.50 or .06600%.                                                                                                                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CO        Primary    Refinance  For application    C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                of  5.00000% of the Total Loan Amount. Points and Fees total $3,799.50 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out prior to 1/10/14,                                                                                       from
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $49.50 or .06600%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other    no obvious cure.                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-15): XXXXX
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For applications
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             on or after
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             1/10/14, same as
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             DF HOEPA cure:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (1) Signed letter
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             from borrower
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             indicating their
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 23516332 33885727                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/14/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20159620 33960992                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20159620 33961005                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20335190 33969490                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20335190 33969499                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29842915 33990030                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25511196 34017343                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27072770 34074074                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/31/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27072770 34074089                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-08-14): XXXXX                                                                                             08/14/2025                       1          C          A          C          A          C          A          C          A          C          A                NC        Primary    Refinance                     C        B       C        A      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-08-14): XXXXX
[redacted] [redacted] [redacted] [redacted] 21633866 34005164                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.05619% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by an average of $4.01 or 4.05619%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            07/24/2025 2          B          B          B          B          B          B          B          B          B          B                ND        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,049.01 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $4.01 or 4.05619%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21633866 34005197                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          A          A          A          A                                A          A                ND        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28401284 34002599                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          A          A          A          A                                A          A                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28648361 34011954                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          A          A          A          A                                A          A                GA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 372                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23465407 33922036                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.11010% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,885.35 or 1.11010%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $14,385.35 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $10,500.00 (an overage of $3,885.35 or 1.11010%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23465407 33922056                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29273003 33972903                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/22/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26549638 33930567                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/18/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26549638 33930573                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 26549638 33930620                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.62500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $1,736.25 or 4.62500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/18/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,781.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,736.25 or 4.62500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20216637 33933712                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/18/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27621609 34014572                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                MT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27621609 34014581                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/28/2025 2          B          B          B          B          B          B          B          B          B          B                MT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20218621 33972255                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20218621 33977009                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/23/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25911892 33946003                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/21/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Second     Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Home       - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25911892 33946060                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        XXXXX Mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Second     Refinance                     C        A       C        A      A          A          A        A                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Home       - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-22): XXXXX
[redacted] [redacted] [redacted] [redacted] 26973295 33898051                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.25500% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,765.00 or 1.25500%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,765.00 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $9,000.00 (an overage of $3,765.00 or 1.25500%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20604020 33930637                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.77300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $728.00 or 4.77300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,773.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $728.00 or 4.77300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20604020 33930642                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20604020 33930646                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23229793 33946498                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.37700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by$1,426.25 or 4.37700%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/21/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,471.25 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,426.25 or 4.37700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23229793 33946616                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26526868 33989212                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99867% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $4,894.55 or 1.99867%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/23/2025 2          B          B          B          B          B          B          B          B          B          B                NH        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $12,241.25 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,346.70 (an overage of $4,894.55 or 1.99867%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26526868 33989234                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/23/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                NH        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20425862 33972053                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20425862 33972080                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.96480% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $118.04 or 3.96480%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/22/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,163.04 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $118.04 or 3.96480%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24273082 33955202                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20248376 34015190                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee)                                             Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or     HOEPA Assignment Notice is not located in file.                                                                                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-31): XXXXX                                                                                             07/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and XXXXX not be found in the file for                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                               loans that have not been previously sold)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20248376 34015191                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-31): XXXXX                                                                                             07/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20248376 34015192                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,403.59.  Threshold maximum is $3,850.00. Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-31): XXXXX                                                                                             07/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20248376 34015193                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-31): XXXXX                                                                                             07/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20248376 34015194                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.71895% is in excess of the allowable     Total fees financed by lender is $4,403.59. Threshold maximum is $3,850.00.                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-31): XXXXX                                                                                             07/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       C        B      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,403.59 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $553.59 or .71895%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 20248376 34015195                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-31): XXXXX                                                                                             07/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 20248376 34015196                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.71895% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $553.59 or .71895%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $4,403.59 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $3,850.00 (an overage of $553.59 or .71895%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20248376 34015208                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20248376 34015211                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20248376 34015216                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-31): XXXXX                                                                                             07/31/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end Date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-31): XXXXX
[redacted] [redacted] [redacted] [redacted] 23633785 34004421                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22766999 33933863                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.98700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,278.55 or 1.98700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,228.55 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,950.00 (an overage of $3,278.55 or 1.98700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22766999 33933870                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      AVM provided as a primary valuation on a 2nd lien. Rating is a B for S&P per XX/XX/XX Securitization Bulletin. S&P expects an origination valuation to be conducted                                                                                                                                                                                                                                                                                                                                                                                                                                                             07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                          that meets industry standards. If the initial product is not an appraisal but has a supporting valuation the loan will receive a grade of "B".                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22766999 33933878                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22334661 33973578                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       the property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 22334661 33973614                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22334661 33973626                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27613696 33918111                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.03067% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $46.00 or .03067%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $4,546.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $46.00 or .03067%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27613696 33918204                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24275441 33939260                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24275441 33939263                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28932230 33939327                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28932230 33939328                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $5,677.22.  Threshold maximum is $4,045.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28932230 33939329                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28932230 33939330                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.03300% is in excess of the allowable     Total fees financed by lender is $5,677.22.  Threshold maximum is $4,045.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees from                                                                                                                                                                                                                                                                                                       Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $5,677.22 on a Federal Total Loan Amount of    Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $37.22 or .03300%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 28932230 33939331                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 28932230 33939332                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.03300% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,632.22 or 5.03300%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,677.22 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,632.22 or 5.03300%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28932230 33939345                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21651295 33940358                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25498628 33924882                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $117.50 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/17/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance  LOE, copy of check C        B       C        B      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,162.50 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $117.50 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25498628 33924884                         Compliance Compliance     State          State Defect   XXXXX CHL Complaint Agency Disclosure Timing Test                                                                           XXXXX Home Loan: Borrower not provided with a document, at time of application, specifying the agency designated to                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Reviewer Comment (2025-07-23): XXXXX                                                                                             07/23/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                receive complaints or inquiries about the origination and making of the loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 25498628 33924912                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                SC        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25498628 33924921                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/17/2025 2          B          B          B          B          B          B          B          B          B          B                SC        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25498628 33924928                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-24): XXXXX                                                                                             07/24/2025                       1          C          A          C          A          C          A          C          A          C          A                SC        Primary    Refinance                     C        B       C        B      C          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-24): XXXXX
[redacted] [redacted] [redacted] [redacted] 20704103 34001726                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.32100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $577.80 or .32100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/24/2025 2          B          B          B          B          B          B          B          B          B          B                PA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,977.80 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,400.00 (an overage of $577.80 or .32100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20704103 34001730                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23476590 33990029                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                PA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24849700 33935713                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/17/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26775605 34026942                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.66850% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $1,337.00 or .66850%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,337.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $6,000.00 (an overage of $1,337.00 or .66850%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26775605 34027010                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28909157 34006285                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        XXXXX, Mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                    Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                MN        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 28909157 34006291                         Credit     Income /       Income         Missing        REO Documents are missing.                                                                                                  -                                                                                                                        XXXXX , Mortgage statement is missing.                                                                                                                                                                                                                                                                                                                                                                                                                                   Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                MN        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Employment     Documentation  Document                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 28909157 34006293                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                MN        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28909157 34006305                         Compliance Compliance     State          Misc. State    XXXXX Tangible Net Benefit Disclosure Signed by Borrower                                                                    XXXXX Residential Mortgage Originator and Servicer Licensing Act:  Tangible Net Benefit Disclosure not signed by the     The file was missing proof theTangible Net Benefit Disclosure was provided to the borrower(s) within 3 days of the application date.                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-30): XXXXX                                                                                                                   07/30/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     C        B       C        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Level                                                                                                                                      Borrower prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25161690 34029296                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28297538 33972251                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                NJ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28297538 33972259                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23013924 34006644                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                NC        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21571917 33921336                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,000.00 or 2.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,500.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $3,000.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21571917 33921340                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/16/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21571917 33921602                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-17): XXXXX                                                                                                                   07/16/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21571917 33952518                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             The file was submitted with a credit liability being paid by the borrower's business, however the file is missing evidence of the XX/XX/XX payment being made. These                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-21): XXXXX                                                                                             07/21/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      are required to complete the 12 most recent months of proof for payment being made by another party to exclude the debt. Including the debt in the DTI increases the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                         DTI over threshold.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Other                                                                                                            ATR
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-18): XXXXX
[redacted] [redacted] [redacted] [redacted] 26183899 33966720                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27382819 34020973                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.91000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $865.00 or 4.91000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,910.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $865.00 or 4.91000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27382819 34020977                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20640916 33945339                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                WI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29390502 33945080                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                OR        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24403969 34018245                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24403969 34018259                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20057017 34003568                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/24/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20057017 34003575                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25977841 33989299                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25977841 33989349                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-28): XXXXX                                                                                             07/28/2025                       1          C          A          C          A          C          A          C          A          C          A                FL        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-28): XXXXX
[redacted] [redacted] [redacted] [redacted] 25977841 33989355                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     C        B       C        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25977841 33989377                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.29071% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $494.20 or .29071%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/24/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance  LOE, copy of check C        B       C        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $5,594.20 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,100.00 (an overage of $494.20 or .29071%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28602675 34027085                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,600.00 or 1.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,400.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,800.00 (an overage of $1,600.00 or 1.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 28602675 34027098                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20578190 34019134                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                MN        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20578190 34019163                         Compliance Compliance     State          Misc. State    Minnesota Residential Mortgage Originator and Servicer Licensing Act (Counseling Requirement)                               XXXXX Residential Mortgage Originator and Servicer Licensing Act: Refinance of a "special mortgage" without evidence                                                                                                                                                                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-30): XXXXX                                                                                                                   07/30/2025 2          B          B          B          B          B          B          B          B          B          B                MN        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Level                                                                                                                                      that borrower received counseling on advisability of transaction by an authorized independent loan counselor.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 26439422 34015258                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $955.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/28/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26439422 34015267                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29859547 34062434                         Compliance Compliance     Federal        GSE            FNMA Points and Fees                                                                                                        XXXXX Points and Fees on subject loan of 6.78777% is in excess of the allowable maximum of the greater of 5.00000% of    XXXXX Points and Fees exceed allowable threshold by $1,072.66 or 1.78777%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          B          B          B          B          B          B          B          B          B          B                NC        Investment Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                the Original Line Limit and $1000.00  (XXXXX). XXXXX Finance Charge total $4,072.66 on a Original Line Limit of $XXXXX                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          vs. an allowable total of $XXXXX (an overage of $1,072.66 or 1.78777%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 27773178 34031358                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27722062 33970357                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                KS        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20396589 33959690                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20748740 34062297                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.85400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,391.48 or 4.85400%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,436.48 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,391.48 or 4.85400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20748740 34062336                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26685614 33972163                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26685614 33972171                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.10600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $61.00 or 4.10600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,106.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $61.00 or 4.10600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 20336121 34020892                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.04833% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $145.00 or .04833%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,145.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $9,000.00 (an overage of $145.00 or .04833%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25432357 33955239                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29837986 33996490                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.09000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $225.00 or .09000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,725.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $225.00 or .09000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29837986 33996498                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29837986 33996502                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The file was missing a copy of the final title policy.                                                                                                               Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29230851 33970740                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29230851 33970773                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Mortgage loan financed Points and Fees.                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29230851 33970774                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29230851 33970775                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.32400% is in excess of the allowable     Points and Fees on subject loan of 5.32400% is in excess of the allowable maximum of 5.00000% of the Federal Total Loan Amount. Points and Fees of $2,662.00 on a                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $2,662.00 on a Federal Total Loan Amount of    Federal Total Loan Amount of $XXXXX vs. an allowable total of $XXXXX (an overage of $162.00 or .32400%). Non-Compliant High-Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $162.00 or .32400%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29230851 33970776                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.                                                 Pre-loan counseling requirements not met.                                                                                                                                                                                                                                                                                                                                                                                                                                Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29230851 33970777                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.32400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $162.00 or .32400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/22/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees total $2,662.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $2,500.00 (an overage of $162.00 or .32400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29230851 33970779                         Compliance Compliance     State          State Defect   (State High Cost Disclosure) Ohio Covered Loan (Mortgage Loan Origination Disclosure Statement Not Provided)                XXXXX Covered Loan: Borrower not provided with mortgage loan origination disclosure statement in accordance with                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                division (A)(1) of section 1322.062 of the Revised Code.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 29230851 33970781                         Compliance Compliance     State          State Defect   (State High Cost) Ohio Covered Loan (Points and Fees)                                                                       XXXXX Anti-Predatory Lending Act: Points and Fees on subject loan of 5.32400% is in excess of the allowable maximum of                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                OH        Primary    Refinance  No obvious cure    C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                                Compliance                                                                                                                                                5.00000% of the Total Loan Amount. Points and Fees total $2,662.00 on a Total Loan Amount of $XXXXX vs. an allowable                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                          total of $XXXXX (an overage of $162.00 or .32400%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22470102 33968012                         Compliance Compliance     State          Misc. State    Ohio Consumer Sales Practices Act (No Documentation of Tangible Net Benefit Analysis)                                       XXXXX Consumer Sales Practices Act:  Mortgage loan file does not contain documentation of the analysis of the borrower's Mortgage loan file does not contain documentation of the analysis of the borrower's reasonable tangible net benefit.                                                                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-30): XXXXX                                                                                                                   07/30/2025 2          B          B          B          B          B          B          B          B          B          B                OH        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Level                                                                                                                                      reasonable tangible net benefit.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22470102 33968039                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                OH        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26515289 34031423                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.68286% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,945.00 or 1.68286%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,195.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,250.00 (an overage of $2,945.00 or 1.68286%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26515289 34031433                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26515289 34031448                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25977440 34029716                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23777690 33972160                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.99990% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,499.75 or .99990%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $9,999.75 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $2,499.75 or .99990%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23777690 33972175                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23777690 33972177                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21643655 33972641                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,205.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          B          B          B          B          B          B          B          B          B          B                WA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,250.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,205.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21643655 33972650                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23900551 34021290                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by  $955.00 or 5.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/28/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,000.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $955.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23900551 34021299                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27888364 33955371                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/21/2025 2          A          A          A          A          A          A                                B          B                NV        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27888364 33955386                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/21/2025 2          B          B          B          B          B          B          B          B          B          B                NV        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20905029 34019057                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20905029 34019061                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Investment Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21774659 33969893                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                MI        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21672306 33922926                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21672306 33922976                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99630% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,994.45 or 1.99630%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/15/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       C        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,494.45 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,994.45 or 1.99630%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21672306 33940332                         Credit     Credit         AUS            Guideline      Guideline Requirement: Investor qualifying total debt ratio discrepancy.                                                                                                                                                                             File was submitted with two debts with XXXXX omitted as being paid by business. File is required to be documented with the 12 most recent and consecutive months as                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-18): XXXXX                                                                                             07/18/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        A      B          B          A        A                    Exempt  No
                                                                                                                Discrepancy /                                                                                                                                                                                                                                                                      proof the payments are being made by another party.  File contains 7 months of statements.  File is missing XX/XX/XX, XX/XX/XX, XX/XX/XX business statements and as                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            - Cash-out                                                                                                         from
                                                                                                                Guidelines                                                                                                                                                                                                                                                                         a result the debt was not omitted causing the DTI to exceed guidelines.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        - Other                                                                                                            ATR
                                                                                                                Discrepancy                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Seller Comment (2025-07-17): XXXXX
[redacted] [redacted] [redacted] [redacted] 24911418 34035470                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24911418 34035474                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27006551 33972652                         Credit     Loan Package   Application /  Loan Package   FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.                                                                                                                                                         The property is located in FEMA Disaster area. Provide a post-disaster inspection verifying there was no damage. The inspection must include exterior photos and the                                                                                                                                                                                                                                                                                                     Reviewer Comment (2025-07-29): XXXXX                                                                                             07/29/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Documentation  Processing     Documentation                                                                                                                                                                                                                                                       property must be re-inspected on or after  XX/XX/XX declared end date.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 27006551 33972658                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27006551 33972661                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       C        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 20783292 34029503                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26026685 33973832                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,580.00 or 5.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $6,625.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $2,580.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26026685 33973837                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21121486 33989789                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                MA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21121486 33989813                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21121486 33989843                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.52940% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,685.85 or 1.52940%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          B          B          B          B          B          B          B          B                MA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $10,915.85 on a Federal Total Loan Amount                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          of $XXXXX vs. an investor allowable total of $7,230.00 (an overage of $3,685.85 or 1.52940%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21652365 34002909                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/24/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                SC        Investment Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27061051 33991024                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                CA        Investment Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21437605 34023152                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/28/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27486358 33989384                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27486358 33989387                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28455031 33991503                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                FL        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28455031 33991534                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                FL        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26894494 33972039                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.49400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,241.00 or 1.49400%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,741.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,241.00 or 1.49400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 26894494 33972054                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                GA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26894494 33972098                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount. Provide a copy of the final title policy or  Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                GA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22239023 33970238                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22239023 33970244                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          A        A                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29807919 34021760                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Financed Points and Fees)                                        Truth in Lending Act (HOEPA): Mortgage loan financed Points and Fees.                                                    Total fees financed by lender is $4,336.08.  Threshold maximum is $4,200.00.  Lender HOEPA threshold calculation, per compliance report, did not reduce 4c7 fees                                                                                                                                                                                                                                                                                                         Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                          from Finance Charge as required resulting in false higher threshold calculation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29807919 34021761                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge)                                                     Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of 4% of the amount past due Total fees financed by lender exceed permitted threshold.  Late charge exceeds max of 4% of amount past due and/or grace period of 15 days.                                                                                                                                                                                                                                                                                                                              Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                 or grace period of less than 15 days.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29807919 34021762                         Compliance Compliance     Federal        Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees)                                                           Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of 5.16200% is in excess of the allowable     Points and Fees exceed allowable threshold by $136.08 or .16200%.                                                                                                                                                                                                                                                                                                                                                                                                        Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance  (1) Signed letter  C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  5.00000% of the Federal Total Loan Amount. Points and Fees of $4,336.08 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out from borrower                                                                                           from
                                                                                                                                                                                                                                                                          $XXXXX vs. an allowable total of $XXXXX (an overage of $136.08 or .16200%).  Non-Compliant High Cost Loan.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    indicating their                                                                                        ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX                                                                                                                                                                                                                                                                                               choice to either
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) accept refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             and make loan non-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             high-cost or (b)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             keep loan as high-
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             cost and make loan
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             compliant; (2)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (a) is selected, a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             copy of refund
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             check and proof of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             mailing; (3)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Assuming option
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             (b) is selected,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             proof of cure for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             each of the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             prohibited
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             violations noted.
[redacted] [redacted] [redacted] [redacted] 29807919 34021763                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Counseling Requirement)                                          Truth in Lending Act (HOEPA): Borrower did not receive pre-loan counseling.                                              Total fees financed by lender exceed permitted threshold.  Pre-Loan Counseling status if not located in file.                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29807919 34021764                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.16200% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $291.08 or 5.16200%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check C        B       A        A      C          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,336.08 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $291.08 or 5.16200%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29807919 34021794                         Compliance Legal /        Anti-Predatory Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided)                                  Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower                                         Total fees financed by lender exceed permitted threshold.  HOEPA Disclosure is not located in file.                                                                                                                                                                                                                                                                                                                                                                      Reviewer Comment (2025-07-30): XXXXX                                                                                             07/30/2025                       1          C          A          C          A          C          A          C          A          C          A                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Regulatory /   Violation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                 Compliance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-29): XXXXX
[redacted] [redacted] [redacted] [redacted] 29807919 34021832                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     C        B       A        A      C          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28175737 33990331                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                SD        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28175737 33990346                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               07/24/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                SD        Primary    Refinance                     B        B       B        B      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28175737 33990417                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.90000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,002.00 or 4.90000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          B          B          B          B          B          B          B          B          B          B                SD        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,047.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,002.00 or 4.90000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29433718 34004567                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.34700% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $867.50 or .34700%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/24/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          A        A                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $8,367.50 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $7,500.00 (an overage of $867.50 or .34700%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29433718 34005334                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      Loan is to be securitized. Missing secondary valuation. The provided CU and/or LCA provide relief.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              07/24/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                CA        Primary    Refinance                     B        B       A        A      B          B          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22917041 34006143                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/24/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22917041 34006145                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/24/2025 2          B          B          B          B          B          B          B          B          B          B                UT        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22063187 34044531                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22021683 33974572                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/22/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22021683 33974584                         Compliance Compliance     Federal        Missing        Notice of Special Flood Hazard Disclosure Not Provided Timely                                                               FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time    Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.                                                                                                                                                                                                                                                                                                                                                          Reviewer Comment (2025-07-30): XXXXX                                                                                                                   07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Disclosure                                                                                                                                 prior to closing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Reviewer Comment (2025-07-28): XXXXX


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Seller Comment (2025-07-23): XXXXX
[redacted] [redacted] [redacted] [redacted] 22021683 33974585                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $3,000.00 or 2.00000%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/22/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $7,500.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $3,000.00 or 2.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 23589878 34060238                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23589878 34060305                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 3.41100% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $807.98 or .41100%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         07/30/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,705.68 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $5,897.70 (an overage of $807.98 or .41100%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 25022412 34047018                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21988397 34024388                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CO        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21988397 34024516                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.42797% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,213.35 or 1.42797%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,863.35 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,650.00 (an overage of $2,213.35 or 1.42797%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21988397 34024667                         Compliance Compliance     State          Misc. State    Colorado Home Loan (Ability to Repay not Verified)                                                                          XXXXX Home Loan (HB1322):  Borrower's ability to repay not verified with reliable documentation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Reviewer Comment (2025-07-30): XXXXX                                                                                                                   07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CO        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                                Compliance     Level                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26897285 33973738                         Property   Property -     Appraisal      Property -     Loan is to be securitized. One valuation was provided. The provided CU and/or LCA provide relief. Sec ID: 221               Note Date:  ___; Lien Position: ___                                                                                      The file is missing a copy of the secondary valuation required for securitization purposes.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     07/22/2025 2          N/A        N/A        A          A          N/A        N/A                              A          A                NV        Investment Refinance                     A        A       A        A      A          A          A        A                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21504954 34031261                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                VA        Investment Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26570669 34023444                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26570669 34023520                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the        Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      B          B          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26570669 34023535                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.48067% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $2,221.00 or 1.48067%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       B        B      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $6,721.00 on a Federal Total Loan Amount of                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $XXXXX vs. an investor allowable total of $4,500.00 (an overage of $2,221.00 or 1.48067%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 24036132 34050606                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                MD        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22753168 34018320                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                FL        Investment Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21953021 34040476                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.32400% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,360.00 or 4.32400%                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       07/29/2025 2          B          B          B          B          B          B          B          B          B          B                IL        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,405.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,360.00 or 4.32400%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 21953021 34040506                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                IL        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24773216 34018101                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                NJ        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29083096 34041736                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                AZ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29083096 34041744                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/29/2025 2          B          B          B          B          B          B          B          B          B          B                AZ        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 27452215 34043238                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24728485 34044867                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24995027 34028100                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                VA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 24995027 34028135                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.99930% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $177.06 or 4.99930%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/29/2025 2          B          B          B          B          B          B          B          B          B          B                VA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,222.06 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $177.06 or 4.99930%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22538960 34017641                         Credit     Title          Document Error Title          The Preliminary title policy is within XXXXX or XXXXX and does not reflect a coverage amount (no final title policy in                                                                                                                               The preliminary title report in file did not disclose the amount of title insurance coverage. Provide a copy of the final title policy or an addendum to the         Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/28/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                              file). Unable to determine if appropriate coverage is provided.                                                                                                                                                                                      preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 22538960 34017666                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/28/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28480111 34044308                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 28480111 34044361                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 5.00000% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $1,705.00 or 5.00000%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $5,750.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $1,705.00 or 5.00000%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 22159495 34030820                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/29/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 29505933 34060108                         Compliance Compliance     Federal        GSE            XXXXX - 3% Points and Fees                                                                                                  XXXXX 3% Points and Fees Test.  Points and Fees on subject loan of 4.46600% is in excess of the investor allowable       XXXXX Points and Fees exceed allowable threshold by $421.00 or 4.46600%.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        07/30/2025 2          B          B          B          B          B          B          B          B          B          B                CA        Primary    Refinance  LOE, copy of check B        B       A        A      B          B          B        B                    Exempt  Yes
                                                                                                                Compliance                                                                                                                                                maximum of the greater of .00000% of the Federal Total Loan Amount and $4045.00  (XXXXX). Points and Fees total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out and proof of                                                                                            from
                                                                                                                                                                                                                                                                          $4,466.00 on a Federal Total Loan Amount of $XXXXX vs. an investor allowable total of $4,045.00 and $4045.00  (XXXXX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Other    mailing/delivery.                                                                                       ATR
                                                                                                                                                                                                                                                                          (an overage of $421.00 or 4.46600%).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Note: Testing is
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             optional based on
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             deal settings.
[redacted] [redacted] [redacted] [redacted] 29505933 34060118                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      B          B          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23736995 34043610                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                WA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 26635833 34042444                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 21739925 34057751                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/30/2025 2          A          A          A          A          A          A                                B          B                UT        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23992426 34057671                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/31/2025 2          A          A          A          A          A          A                                B          B                NM        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 23992426 34057676                         Credit     Title          General        Title          Title Policy Coverage is less than Original Loan Amount.                                                                    The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file.                             The preliminary title report in file disclosed an amount of title insurance coverage that is less than the loan amount.  Provide a copy of the final title policy or Final Title Policy will be provided as a trailing document.                                                               Final Title Policy will be provided as a trailing document                                                                                            SitusAMC,Aggregator Reviewer Comment (2025-09-19): XXXXX                                                                                                                   07/31/2025 2          B          B          B          B          B          B          B          B          B          B                NM        Primary    Refinance                     B        B       B        B      A          A          B        B                    Exempt  No
                                                                                                                                                                                                                                                                                                                                                                                                   an addendum to the preliminary report verifying title insurance of at least the loan amount.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR
[redacted] [redacted] [redacted] [redacted] 25812588 34057707                         Property   Property -     Appraisal      Property -     Loan is to be securitized.  No appraisal or hybrid interior appraisal was provided with an effective date between           Note Date:  ___; Lien Position: ___                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      07/31/2025 2          A          A          A          A          A          A                                B          B                CA        Primary    Refinance                     B        B       A        A      A          A          B        B                    Exempt  No
                                                                                                 Appraisal      Documentation  Appraisal      application date and note date. Sec ID: 371                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         - Cash-out                                                                                                         from
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  - Other                                                                                                            ATR